The Central Bank of my country announced the launch of its own legal digital currency DC/EP on May 8, 2020, and it is conducting trials in many cities across the country. The European Central Bank (ECB) is expected to accelerate research on the digital euro in the next few months and launch the digital euro as soon as possible.

The EU takes the first step in the “digital euro”

The European Union has always been more cautious about digital currencies. This is due to the protection of the stability of the euro and European financial considerations. However, as some countries have successively launched the process of launching sovereign digital currencies, including some well-known companies have also launched digital currencies, the EU cannot turn a blind eye.

While cautious, the EU is also preparing for the advent of the digital currency era. In 2018, the European Union promulgated the “Fifth Edition of the Anti-Money Laundering Order”. In this decree, the EU classifies cryptocurrency business and banking, payment processing, gaming and other services into the same legal category, which in fact provides protection for cryptocurrency business.

According to the previous agreement reached by the EU finance ministers, when the risk of digital currency has not been completely eradicated, or the relevant legal and supervisory framework has not been established, the EU will eliminate the use of private digital currencies, and member states shall not include the introduction of encrypted currencies. Its laws and regulations. Although Europe is not as active as the United States and China in the era of digital economy, as a highly developed capital-intensive region, Europeans’ consumption, savings, and investment behaviors are becoming more and more digital, and the euro’s trust in the member states is also based on this. Starting point, the European Central Bank has drawn a rough blueprint for the future “digital euro”.

In October 2020, the European Central Bank officially issued a document introducing the European Union’s plan to develop digital currencies. The European Central Bank believes that no matter which technology the “digital euro” uses, it must be strictly distinguished from encrypted currencies. The EU’s vision for the “digital euro” is to be safe, efficient, convenient, and legally compliant, while at the same time building a high degree of trust among EU citizens.

The digital euro may suck up 8% of deposits in eurozone banks

According to previous news, the European Central Bank (ECB) will speed up the study of the digital euro in the next few months. Although there are still a few years before the final launch, it has not neglected the impact of the launch of the digital euro.

Whether the introduction of a digital sovereign currency will eat into the funds in the current commercial bank accounts is something that more than 90% of the world’s central banks that are studying digital currencies need to consider. For the European Union, the member states cannot be ignored.

Morgan Stanley analysts estimate that all euro zone citizens over 15 years old will transfer 3,000 euros ($3,637) to a “digital wallet” controlled by the European Central Bank. This estimate is based on a “bear market” scenario.

The digital euro may suck up 8% of customer deposits in euro zone banks, especially for small countries such as Estonia, Slovakia, Latvia, and Lithuania, which will be more than 8%. In theory, this could reduce total deposits in the Eurozone by 873 billion Euros (close to 8%).

Digital euro can provide better privacy protection

Although the European Central Bank has a lot of concerns about all kinds of digital currencies, in terms of protecting privacy, Fabio Panetta, a member of the ECB’s executive board, believes that the digital euro will play a positive role and can also protect the euro zone from the “threat” of cryptocurrencies. Officials of the European Central Bank believe that if the European Central Bank participates in digital payments, it will pay more attention to privacy protection than private companies. Compared with private companies that collect large amounts of data from users to satisfy their business interests, the European Central Bank will not store, manage, and user data. Involving commercial interests. It is reported that the European Central Bank has conducted a small offline payment experiment before. Transfers of tens of euros or even hundreds of euros can be completed through Bluetooth between devices. There will be no payment except in the wallets of the payer and the payee. data record. There is no doubt that payment privacy is one of the main concerns when people use digital currencies, and the European Central Bank is trying to show everyone that it has the ability to separate identity information from payment information. If everything goes smoothly, it is expected that the digital euro will circulate on a large scale in the euro area around 2025

The Shenzhen Stock Exchange requires Kelan Software to verify the reasons for the large increase in its stock price in the short term. In addition, the Shenzhen Stock Exchange requires Kelan Software to explain the digital currency business and the specific content and methods of cooperation with Huawei, as well as the revenue directly generated by related products or projects in 2020. And the amount and proportion of net profit.

On the day the attention letter was released, the concept of Huawei Hongmeng continued to rise sharply, Kelan Software soared 20%, and its share price hit a record high. The stock has reached its daily limit 5 times in the past year. As of press time, Kelan Software has risen to 49.4 yuan, nearly 8.23 ​​yuan higher than the opening price of the day, with a turnover of 901,900 lots, a turnover of 4.257 billion yuan, a turnover rate of 37.56%, a price-earnings ratio of 200.64, and a total market value of 15.363 billion yuan.

According to the official website of Kelan Software, it was officially established in December 1999 and registered in the Beijing Economic and Technological Development Zone. It is a company formed by Wall Street financial practitioners and Silicon Valley technicians returning to China, specializing in financial software product application development and consulting services. enterprise. The company has more than 5,000 employees and has branches, R&D centers or joint ventures in Beijing, Shanghai, Zhejiang, Chengdu, Shenzhen, Hong Kong and other places.

Since the second half of 1999, Kelan has implemented the first online banking system. According to the official website, its customers cover banks such as Bank of China, Agricultural Bank, Construction Bank, Postal Savings Bank, Export-Import Bank and so on. Kelan has cases in various applications such as online banking (corporate, personal), mobile (mobile phone, PAD) banking, electronic payment, third-party payment, foreign exchange precious metal trading platform, bank-enterprise communication, financial portal content management, etc.; in banks The market share of electronic channel construction exceeds 60%.

According to the official website, on June 3, Huawei held the Smart Finance Summit, and Kelan Software was invited to attend as a core partner of Huawei’s ISV. At the meeting, Kelan Software and Huawei released compatible tools and solutions for Hongmeng Mobile Finance. At present, Kelan Software has become the only supplier in the industry capable of providing full-stack credit creation solutions for Internet finance.

In terms of digital currency, on June 11, Kelan Software issued an announcement of abnormal stock trading fluctuations, stating that in recent years, Kelan Software has implemented actual digital currency projects. However, the digital currency-related business is the company’s innovative business, and the revenue from the digital currency-related business of Kelan Software accounts for a relatively small proportion of the company’s operating income.

In the 2020 annual report of Kelan Software, Kelan Software stated that its “distribution side” in the central bank’s digital currency industry chain can provide banks with a full range of Internet financial products; on the “user side” it has a “wallet” that supports digital currency and Rich cases of its application scenario construction; On the “server” based on digital authentication, Kelan Software holds a license through its holding subsidiary Continental Cloud Shield and provides mobile digital authentication services.

Kelan Software is currently actively cooperating with operating banks, clearing transfer service institutions and other entities, and is gradually implementing the development and construction of related operating systems for bank customers including digital renminbi, digital bank cards, etc., and assisting bank customers to achieve digital financial service upgrades. During the reporting period, Kelan Software and Suzhou Xiangcheng District Finance Bureau actively explored more feasible application pilot programs. The digital renminbi application scenario that Kelan Software cooperated with a major state-owned bank was launched in the second half of 2020 and will be delivered in the second quarter of this year as planned.

As for the proportion of digital currency-related business revenue in the specific revenue of Kelan Software, it is not separately listed in the annual report.

According to the first quarter report of Kelan Software, the total revenue of Kelan Software in Q1 was 210 million yuan, a year-on-year increase of 35.68%; net profit was 5.691 million yuan, a year-on-year increase of 155%; total assets were 2.294 billion yuan, a year-on-year increase of 55.72%; total liabilities It was 1.152 billion yuan, a year-on-year increase of 59.41%; investment cash flow was -178 million yuan, a year-on-year decrease of 388.33%; financing cash flow was 10.3555 million yuan, a year-on-year decrease of 66.46%

Are the small shops in each area prosperous, and are the fireworks strong? In the past, city managers could only understand through coarse-grained statistics or organizing on-site visits. Now, through the “Small Store Index” module of the “Meituan City Digital Signs System”, city managers can clearly perceive At present-in Huangpu, Putuo and other areas, the index of small shops in supermarket convenience, fresh fruit, snacks and catering is more than 60% higher than other districts; while small shops in the leisure and entertainment field are the top three fastest-growing districts They are Chongming, Qingpu and Baoshan, which demonstrate the huge growth potential of urban economic development.

A good life in the city is a huge proposition. It is closely related to everyone living in the city. It is more than a small shop, a breakfast full of vitality and within reach, a shared bicycle that is convenient for green travel, and even home. The parks at the gates and the activities held by urban commercial bodies are all microscopic components of the nerve endings of a good life. If the fresh social data can feed back to the government, it will become a new supplement to the digital governance of the market.

On June 10, Shanghai City Operation Digital Sign 1.0 was officially launched. Just today, Meituan and the Shanghai Institute of Digital Governance released in Shanghai the country’s first digital platform for life services in the field of government affairs-“Meituan City Digital Sign System”, which will be connected to the “Shanghai City Operation Digital Sign System” “Based on Meituan’s consumption, evaluation data and practice accumulation in the field of life services, through observation of urban consumption such as catering and entertainment, as well as life service modules such as the operation of small stores, it empowers city operation and management and helps create a quality life.

The fastest data update can be synchronized with the real scene in real time

The “Meituan City Better Life Digital Sign System” released this time is based on Meituan’s practice in the field of life services under the guidance and help of the Shanghai Urban Transport Center, and draws on the experience of the Urban Transport Center in the field of digital governance of super large cities. , Which took more than a year to explore together.

In terms of coverage, the digital signs of a good life in the city cover more than 200 sub-categories in 6 categories, including food, lodging, travel, shopping, and entertainment; at the level of consumption scenarios, search, browse, order, and evaluation form complete consumption. Closed-loop windows, through the supply-demand relationship model, build a healthy supply-demand ecology; at the geographic level, it can be refined to streets and business circles, and run through the various units of urban management vertically, achieving macroscopic view, manageable at the end, and breaking barriers horizontally through inter-regional comparison And mobile insights to help fine-tune urban governance. At present, the data update on the system can be synchronized with the real scene in real time at the fastest.

Meituan Bicycle, the most familiar to Shanghai citizens, converts the number of kilometers that citizens ride on shared bicycles daily into actual figures for reducing carbon emissions in the “Bicycle Riding Heat Map” module. The reporter saw that in the data released on the day of release, the number of kilometers that Shanghai citizens rode on a bicycle that day, if converted into a private car trip, is equivalent to replacing about 160,000 trips with a private car, and the calories consumed by cycling is equal to about 240,000. The calories of a burger or 1.46 million xiaolongbao.

Not only that, the data in the field of transportation capacity distribution provides an effective reference for city managers to solve the “last mile” of citizens’ travel. Li Jiao, head of big data products at Meituan City, gave an example. When a company launches shared bicycles, it may place 8 cars at exit 1 of a certain subway station and 2 cars at exit 2 according to the traffic volume. Changes in the weather and an important meeting may change the use of shared bicycles. With the help of government public data and open resources, shared bicycles will become more “smart”, which will be based on passenger flow at rail stations, weather changes, etc. The data adjusts the number of vehicles delivered. Citizens’ evaluation of public service places can also become an important reference for city managers to improve their management level. The reporter saw that the “Resident Evaluation” module in the “Meituan Digital Signs System for a Better Life in Cities” is to analyze the natural evaluations of users on the POI pages of urban public services such as parks and stadiums collected by Meituan to encourage citizens to actively participate. Urban governance practices the concept of “People’s Cities and People’s Construction” to highlight the temperature of the city. Taking the park as an example, the evaluation can help the park learn about the inadequacies in fee admission, service management level, park facilities richness, environmental beauty, convenience facilities perfection, transportation convenience, etc., and provide reference for its refined construction and operation . In addition, Meituan takes advantage of the full business chain coverage of the life service industry of “food, lodging, travel, shopping and entertainment”. Through comprehensive and detailed data, it can not only fully present the development of the regional life service industry, but also provide a window for research in sub-fields. Taking catering as an example, in addition to understanding the overall consumption situation of the catering industry, research can also be carried out by subdividing catering categories such as hot pot, coffee, and milk tea. The “Meituan City Better Life Digital Sign System” also refers to the “Excavator Index” in the industrial field, and uses the Milk Tea Index, Coffee Index and other popular specialties in cities. The data shows that Shanghai’s coffee consumption index is 2.4 times that of 35 cities (30 provincial capitals/municipalities + 5 cities specifically designated in the national plan). Empowering city operation and management with fresh enterprise data This year, Shanghai issued opinions on comprehensively advancing the digital transformation of Shanghai’s city, and proposed strengthening system integration and overall improvement. According to Xu Huili, deputy director of the General Office of the Municipal Government and director of the Municipal Urban Transport Center, the digitalization of life and the digitalization of governance are both important parts of the digital transformation of cities, and through the exploration of professional fields, fresh enterprise data can empower city operation and management , Repeating the needs of urban citizens in daily life, has become a new force in the operation of the “one network unified management” of cities. Today, Meituan also demonstrated other explorations in the field of life services. For example, based on Meituan’s consumer review data, we will promote social co-governance of food safety. Meituan has more than 1,000 engineers working on AI, and has applied technological innovations to back kitchen monitoring, warehouse temperature control, food seal recognition, intelligent meal cabinets, unmanned delivery vehicles, and other scenarios. Support the upgrading of products and services in the field of life services through the digitalization of the offline economy. Through industrial cooperation, the further exploration of innovative solutions for food safety technology is also what Meituan has been exploring in recent years. Last year, Meituan launched the first food safety technology innovation platform activity, soliciting food safety technology innovation solutions for the whole society in warehousing, cooking and processing, takeaway delivery, dine-in dining, etc., and mobilizing more people to care about and participate in food safety governance and Industry sustainability work. “Food safety work is not just a business for an enterprise, but also requires the extensive participation of all sectors of society and all stakeholders, co-governance and sharing. Food safety work is not something that can be accomplished overnight. It is more reflected in daily food safety risk monitoring, In terms of evaluation and management,” the relevant person in charge of Meituan introduced, “Meituan has also been exploring to link industry partners to jointly sum up and precipitate good food safety management experience, and form standards and norms that the industry abides by.” “One of the basic elements of Shanghai’s urban operation’One Network Management’ is to use real-time online data to help city managers observe the society, perceive needs, and cognitive laws, so as to better meet the needs of the masses and solve problems efficiently.” Xu Huili said, After Meituan’s exploration in the life service industry is empowered by the urban transportation system, it will effectively help city managers find problems in a more timely and accurate manner, connect needs, study the situation, prevent risks, and accumulate more energy for good governance in big cities. Author: Xu Jinghui Editor: Zhang Tianchi *Wenhui exclusive manuscript, please indicate the source for reprinting

After renewing the contract with the National Centre for the Performing Arts, Gridsum will continue to provide its official website monitoring and analysis services through Web Dissector (User Behavior Monitoring and Analysis System, hereinafter referred to as WD). Gridsum WD is a data product that drives the optimization of online marketing effects of enterprises and the growth of enterprise users. It covers from PC-Web websites to Mobile-mobile pages, APP (native + Hybrid), WeChat applets, Douyin applets, and Alipay. Most brand owners’ first-party platforms, such as mini programs, can provide enterprises with a set of full-process data-driven solutions from collection, modeling, storage, and analysis.

The official website of the National Centre for the Performing Arts was launched in 2007 and has been with the National Centre for the Performing Arts for more than ten years. After iterative updates, for many years, adhering to the National Centre for the Performing Arts’ mission of “people, artistry, and internationalism”, the official website of the National Centre for the Performing Arts is committed to providing netizens with authoritative and rich theater-related information and content, creating a digital art palace, and transforming elegant art. It’s within reach. The National Centre for the Performing Arts has implemented large-scale, high-standard, and normalized operations. From 2007 to 2020, a total of 10,788 commercial performances were organized, and a total of nearly 13,000 various art education performances and activities were carried out. Over the past 14 years, more than 22 million spectators have entered the National Grand Theater.

As a partner of the National Grand Theater for many years, Gridsum has always provided customers with in-depth data insights based on its technical advantages in the field of big data and artificial intelligence, and empowered the National Grand Theater’s intelligent marketing decisions. Gridsum WD has become an assistance to customers in Internet marketing An auxiliary decision-making analysis tool for income maximization. The successful renewal of the contract this time also fully reflects the National Grand Theater’s full recognition of the technical capabilities and products of the National Doubles. At present, WD WD has formed a closed loop of full-link marketing from data collection -> data insight analysis and optimization -> user management -> user access, assisting the National Grand Theater to use data to determine user operations.

Taking the two characteristic functions of WD funnel chart analysis and heat map analysis as an example, through the funnel model, National Double can help the National Centre for the Performing Arts understand every core conversion path from its official website homepage to the performance ticket page, and even to the final payment page. Step-by-step loss and conversion, and then analyze the reasons for user loss, optimize the design of the core conversion path, and improve the conversion rate of the site; through the heat map analysis, frame selection of any area in the page heat map, and drill down layers for multi-dimensional analysis , Gridsum can help the National Centre for the Performing Arts gain insights into a series of key information such as the dramas and broadcast times that users are most concerned about, and continue to support the optimization of webpage A/B test, website revision design, improve user experience and retention, and promote user conversion.

For a single customer, the WD system can handle 100 million-level PV per day, which is an important manifestation of Gridsum’s computing power advantage. Computing power drives the future. After more than 10 years of iterative updates, WD has developed into a real-time, multi-terminal user behavior analysis and user operation intelligent platform, which has served more than 600 industries such as automotive, aviation, consumer goods, justice, and industrial Internet. The top paying customers drive the optimization of corporate online marketing effects and the growth of corporate users.

In addition to its powerful computing power advantage, Gridsum also has in-depth accumulation in algorithms. Using natural language processing and knowledge graph technology, Gridsum can make machines truly solve complex problems in the industry like human experts. With computing power and algorithms, it is also necessary to be able to achieve scene-based landing in the business in order to promote industrial upgrading and modernization of governance capabilities. After 16 years of intensive cultivation and accumulation, Gridsum’s computing power and algorithms have been implemented in scenarios such as consumer goods, automobiles, airlines, industrial Internet, and smart cities. Relying on the three core advantages of computing power, algorithm, and scenario implementation, Gridsum continues to contribute to the transformation and upgrading of the industry

At the forum, Zhong Xiangping, vice president of Tencent and president of Tencent Smart Transportation and Mobility, shared Tencent’s thinking and progress in the field of smart transportation around technology, ecology, and services.

Zhong Xiangping believes that the construction of smart transportation is the main force of the new infrastructure. At the same time, the construction of smart transportation is also a long-term, diversified, and highly complex ecological project. In this process, governments, enterprises, scientific research institutions, The collective participation of the public requires extensive ecological cooperation between all parties and the collaborative construction of the industrial chain.

(Picture source: International Online)

“The continuous improvement of the digital base will be the foundation for the development of smart transportation.” Zhong Xiangping said, “Tencent has built the WeTrasnsport smart transportation solution based on the accumulation of technology in the transportation field. It hopes to use people, vehicles, roads, networks, and clouds. To build a dynamic data base for traffic, and build a traffic dynamic data base based on it. Based on the four stages of traffic construction, management, operation and service, we will build together with partners, and ultimately hope to form a data connection and efficient collaboration to form a traffic situation. The picture shows a network of traffic management to provide users with one-stop services.”

In the next 30 years, domestic smart high-speed construction will transform from the stage of large-scale investment and construction to the stage of high-quality management, operation and service. And digital technology capabilities will help achieve high-quality traffic operation services. Tencent will continue to use its technical capabilities, ecological capabilities and service capabilities to be a co-builder of smart transportation and help my country to upgrade from a “high-speed power” to a “high-speed power.”

The following is a record of Zhong Xiangping’s speech:

Dear leaders and distinguished guests, good afternoon everyone! I am very happy to be here for everyone to gather together and participate in a forum we are leading today. We also feel that there are many meaningful and valuable things in this direction, waiting for us to explore and advance together. Xi’an is China’s One of the four ancient civilizations and historical capitals, the cultural heritage is very rich, the economic development is accelerating, and we also feel that under the new development pattern of the “Belt and Road”, Xi’an is making every effort to become an international metropolis and the center of the country. In the city, where history, culture and modern development are blended, we also feel that digital technology makes this city shining.

Tencent has done a lot of cooperation with Xi’an early on. We have achieved results in technology research and development, cultural tourism, transportation and travel. In 2018, Tencent and the Xi’an municipal government also reached a comprehensive and in-depth cooperation. Tencent has always hoped to continuously apply its own digital technology to promote the physical industry and promote the implementation of the entire digital industry in cities, including in Xi’an. Last year, Tencent Cloud and Xi’an Aviation Base jointly built an aviation big data center. As of today, more than 2,000 companies have been on the cloud platform. We also promoted many public travel improvements in Xi’an very early. There are already more than 1,000 buses and 7 subway lines in Xi’an area, all of which have realized the code-based ride, bringing a very convenient travel experience for the citizens of Xi’an. At present, we have more than 10 million users who have launched Tencent’s ride code applet. Xi’an has a population of more than 12 million, which is still a very high proportion. They are all using Tencent’s public travel services. We also see the development of the entire transportation. As the main force of the new infrastructure, it is a very important foundation for the country’s economic development and people’s livelihood services. This is also a very important field for Tencent, so today I also want to take this opportunity to share Let us share some of Tencent’s little practices, thoughts and observations in the smart transportation industry. The constantly improving digital base is the foundation for the development of smart transportation. We see that with the continuous development of digital technology, every vehicle, every person, and every location will become a digital node in the transportation network. In the future intelligent transportation network system, every digital node can Well connected, there will be more room for development. In 2035, my country wants to become a cost-effective, green and economical, intelligent, advanced, modern, and high-quality national comprehensive three-dimensional transportation network. Under such target circumstances, what should each enterprise do? Tencent has been thinking about this problem all the time. Tencent believes that we can do our best to give play to our digital capabilities, so that every element in the communication network can form a digital connection and interconnection. We have formed a We Transport smart transportation solution in the entire transportation field. We hope to create a real-time update and self-purifying traffic dynamic digital base for the city through the dynamic connection of people, vehicles, roads, clouds, and the Internet. The brain of the cloud, on the constantly improving digital base, provides digital assistance for the construction, management, operation and service of traffic. These four stages. We are also co-constructing with some partners. We hope to finally achieve data connection and efficient collaboration, form a map of traffic situation and a network of traffic management, and provide users with one-stop service capabilities. Last year, we cooperated with the Transportation Bureau of Xi’an, and combined with Tencent’s technical capabilities in traffic location big data to provide optimization and assistance for urban public transportation in Xi’an, and to share the big data of our most real-time users. It also hopes to improve the efficiency of operation and management while improving the service experience of public travel. We use an open and collaborative ecology to accelerate the co-construction of smart transportation. The construction of smart transportation is a long-term, diversified, and highly complex ecological project. In the process of advancement, it requires the joint assistance of the government, enterprises, scientific research institutions, and the public. It requires a wide range of ecological cooperation as an industrial chain. Foundation. In the We Transport strategic framework of Tencent’s smart transportation, in addition to relying on Tencent’s own data, capabilities, and technical advantages, Tencent will also strive to become a co-builder, starting from the strategic layout of transportation, and opening up and more collaborative Concept, join hands with more partners in the industry chain, and jointly promote the intelligent upgrade of China’s transportation industry. This morning, Tencent Smart Transportation and China Academy of Information and Communications Technology signed a strategic cooperation agreement to continuously deepen diversified cooperation in the field of Internet of Vehicles and smart transportation. At the same time, we also released the product of Smart Internet Development and Evaluation Tool Chain. ZTE has launched more applications in the field of evaluation of intelligent network connection. Digital technical capabilities help Xi’an realize higher-quality traffic operation services. In the various fields covered by smart transportation, the construction of smart highways plays a very important role in society, economy, and people’s livelihood. China is developing into a high-speed power country. In the next 30 years, it will move from large-scale investment and construction to high-quality management and operation. The service stage is undergoing transformation and upgrading. At present, there have been some difficulties and challenges in the management and service of domestic expressways. For example, the cost of intelligent construction and maintenance is very high, the monitoring coverage has been incomplete, and the efficiency of management and service also has some difficulties. I have been thinking about how to use digital technology tools and Internet user service capabilities to help the management and operation of highways, reduce costs and increase efficiency, and improve the service quality of operations. In response to these difficulties and challenges in highway management and operation, today we rely on Tencent’s core technologies such as cloud computing, 5G, big data, digital twins, etc. to build a complete set of smart high-speed solutions. We are committed to achieving perceivable and computable Intelligent perception operations and service capabilities that can be made, accessible, and serviceable. Today I am very happy and honored to have the opportunity to discuss the development of smart transportation industry with all leaders and experts. We also very much hope to make use of Tencent’s technical capabilities in all aspects and explore more in-depth cooperation and cooperation with partners in the transportation industry. Co-construction helps the industry to develop smarter, expands the innovative application of technology, and brings better service experience to users. This is what Tencent has always insisted on. We also hope to join hands with everyone in the field of transportation to create Create higher service value

When the Internet was just emerging, personal data and account avatars were one of the few windows through which people revealed themselves. Many people had trouble choosing which avatar to edit and which signature to edit. This kind of writing, uploading and updating personal information on the Internet is the initial “mimic selves” created by people on the Internet. With the popularization of 4G and 5G, in the era of images and short videos, people begin to present their ideal selves in appearance, figure, and life in all aspects of life. When the “meta universe” arrives, we can almost be sure that people’s “digital avatars” are “squeezed”. “And “Shaping” will still be enthusiastic. The development of technology leads the fashion industry to the trend of “virtual fashion”｜Gary James McQueen official website Gary is not the first designer to set his sights on a digital fashion show. The “sense of smell” of the fashion industry has always been sensitive, and many pioneering technological elements often appear in fashion designs, leading a new wave of trends. The continuous development of ARVRMR and other technologies has prompted the fashion field to be involved in the trend storm center of “digital fashion” and “virtual fashion”. DIOR used 360-degree VR technology for live broadcast on the ready-to-wear collection show in the spring and summer of 2020 last year; Shanghai Fashion Week in March last year adopted the form of “Fashion Week on the Cloud”, which was performed in virtually produced 3D scenes and spaces. The Congolese brand HANIFA released the latest series of fashion shows using 3D rendering technology. In the show, you can only see the clothes floating in the air walking on the catwalk, as if an invisible soul is wearing clothes on the catwalk… It is not surprising that fashion designers and brands devote time and energy to fashion design and matching. Recently, more and more ordinary people have also put more attention and attention on fashion wear. “OOTD” and “Virtual Fashion” If “self-presentation” is the inherent logic of people paying attention to personal images, then the popularity of “OOTD” on social networking sites provides unlimited potential for the “digital fashion” market. “OOTD” is the abbreviation of “Outfit of the day”, which means “today wear”, and is a very popular social platform hashtag nowadays. Young people are keen to share different outfits and selfies on social media. You can search for more than 3 million notes when you open Xiaohongshu. On the foreign social software Instagram, the posts under this tag have already exceeded 100 million. Many young people Buying clothes is just for meticulous matching and then taking a picture and uploading it to social media. More and more young people share their daily wear on social media｜Screenshots For Gen Z, sharing clothes is a manifestation and extension of personal style. In fact, before “OOTD” became popular on social media, people’s enthusiasm for game skins also hinted at a huge market for “dress up”. According to Newzoo data, in 2018, 79% of paying game players in the United States spent money on in-game purchases such as skins. Among them, the popular “Fortress Night” earned 300 million U.S. dollars a month by selling skins and other props. It is worth mentioning that people can purchase Gary James McQueen’s virtual clothing on the fashion show through dressX. With the emergence of “virtual fashion”, the demand for “dress up” buried in social media may become another huge market. DressX is the first international digital fashion multi-brand retailer, offering digital fashion collections from the most famous contemporary brands and 3D designers. Consumers can buy their favorite virtual clothing on dressX, and dressX can also help consumers synthesize a photo of wearing virtual clothing. Ronny Mikalsen, CEO of Norwegian clothing retailer Carlings, is very optimistic about the virtual clothing. He mentioned in an interview that “we send a large number of free samples to well-known bloggers and influencers every year, and these people often put them aside after trying them on.” This phenomenon is not uncommon. According to a survey by Barclays Bank, one in ten consumers in the UK buy clothes just to take photos and upload them to Instagram, and then they will return the clothes immediately. How to avoid waste and pollution while highlighting individuality and self-expression, virtual fashion provides a solution for both. At the same time, virtual fashion also provides more possibilities for the production of real clothing. Solventus 2019, a clothing series launched by Neuro Studio, a digital design company in New York, uses 3D scanning to design clothing on virtual models. After customers select and “try on” virtual clothing, they are then produced by 3D printing. Fashion production and consumption Closer connection. Virtual fashion effectively reduces the waste that may be generated in the production process and solves the problems of mass production and waste generation. This is a revolutionary breakthrough for the fashion industry. Creation and freedom Digital clothing that does not need to be made of real materials, in addition to being more environmentally friendly, is more important in that it lifts the “yoke” that has long held designers for a long time. “My entry into the fashion industry was purely an accident. I first did graphic design, but by chance, I entered the fashion industry under the leadership of my uncle Alexander McQueen.” Gary James McQueen said in his virtual fashion show video Tao. Alexander McQueen is a famous British fashion designer and considered the godfather of British fashion. However, when he was interviewed by the media at the age of 22, he turned his back to the camera to prevent the audience from seeing his face, so that he could continue to use unemployment benefits. Buy fabrics used in clothing. Now Gary no longer has to face such a dilemma. Even fabrics that do not exist in reality can be made possible in the digital world. As Gary said: “I decided to do an all-digital show because I had no choice. It would be more convenient and simple to create an unconstrained digital space.” From the perspective of clothing design, Gary uses Marvelous Designer to create clothing patterns, and then uses Substance Painter to add materials and textures, so that virtual fashion can also have the same details and appearance as the real thing. In addition, designers can change patterns and fabrics more easily, and try on clothes with completely virtual digital models. Adjustments and attempts will no longer be limited. Virtual fashion show can better show the charm of fashion｜Gary James McQueen official website From the perspective of fashion show presentation, in the virtual world constructed by Unreal Engine, the camera can be placed in any position, getting rid of the constraints of a fixed camera position. The digital fashion show can truly highlight the delicate details of the snake print tights, plus Flexible lighting, the charm of fashion will be further revealed. In the virtual fashion show, from the fabric and material of the clothes to the pattern, to the adaptation of the virtual model, and to the way of showing the photography, all this is free for the designer, and the designer can realize his own wonder without hesitation. Think about it and build your own fashion kingdom. For a long time, people’s creativity has been bound by the body, physical space, cultural traditions and many other realistic factors. In the “meta universe”, the boundaries of reality begin to shake. This liberation is not only for designers and artists, but for the release of creativity for all. You can try to create different “digital avatars”, formulate different rules, choose a different way of life… The limitations of a single physical space are disintegrated a little bit, and “freedom” will be before everyone’s eyes. With the development of technology, everyone can imagine how to use these technologies for free re-creation. Now that fashion designers have taken the first step towards the future, how do you choose to move into the future? Perhaps, start by choosing a set of virtual fashions for your “digital avatar”? Image source: Gary James McQueen official website Editor in charge: Jing Yu This article was originally published by GeekPark, please add Geek Parker (ID: geekparker) for reprinting

After completing the digital upgrade, businesses can further reduce costs and provide good services to more users, which makes it easier for users to obtain services, and businesses have stronger anti-risk capabilities. Data shows that in the mini program alone, 1 million new merchants have been added in the past year, using mini programs as self-operated carriers to access the Alipay platform to carry out digital operations. Jing Xiandong, Chairman and CEO of Ant Group, said, “Alipay will further increase its opening up. It will provide partners with continuous product upgrades, the opening of more centralized traffic, and the provision of more complete self-operating tools. better service”. It is understood that the service providers who won the “Scoring King” trophy this time have long been committed to helping businesses realize digital transformation. The following is a list of service providers: Shanghai Shouqianba Internet Technology Co., Ltd.: Founded in 2013, Shanghai Shouqianba Internet Technology Co., Ltd. is a leading digital store integrated service provider in China. It provides merchants with mobile payment collection, marketing management software, advertising, supply chain, shared power bank, merchant community, etc. Services, all-round solutions to the needs of offline merchants to open stores. At present, Shouqianba’s business covers 660 cities in China, serving 4 million offline brick-and-mortar businesses, and its customers include both international chain brands and couples’ stores. Receiving Money has won the Alipay Scoring King Award 3 times. Chengdu Sibo Rui Technology Co., Ltd.: Founded in 2010, Chengdu Siborui Technology Co., Ltd. is a leading smart retail service provider in China. It has won the Alipay “Scoring King” award twice. Spirent cooperates with Alipay to provide retail merchants with one-stop smart retail solutions and omni-channel digital marketing tools in the aspects of payment, membership marketing, agency operation services, small program applications, and smart service terminals. Yikelian Information Technology Co., Ltd.: Yikelian Information Technology Co., Ltd. was established in 2015 and is a national high-tech enterprise. Yikelian mainly provides development, digital marketing solutions and digital generation operation services for medium and large chain enterprises such as FMCG, catering, shoes and clothing, and has won the Alipay “Score King” award twice. Currently serving nearly 300 large and medium-sized merchants, accounting for 30% of the national convenience store system TOP100. Hubei Lichu Technology Co., Ltd.: Hubei Lichu Technology Co., Ltd. was established in 2011. It is one of the earliest domestic enterprises engaged in the research and development and application of aggregate payment technology, providing merchants with a one-stop integrated digital management solution. At present, Lichu Scan has served more than 900,000 offline merchants, and the annual transaction amount is nearly 300 billion yuan. With payment as the core, Lichu Scan provides merchants with a variety of digital services including membership, cashiers, aggregated coupons, aggregated applets, advertising and marketing, and its business covers catering, retail, Baibu, leisure and entertainment, and people’s livelihood. . Hangzhou Miya Information Technology Co., Ltd.: Hangzhou Miya Information Technology Co., Ltd. focuses on helping retailers and brand owners realize digital operations, creating a closed-loop link from aggregate payment, member insights to omni-channel marketing, and providing a new customer-centric “Data+AI+SaaS” A generation of operational services. At present, it has reached cooperation with nearly 50 top 100 retail companies and more than 1,400 retail companies in China, covering more than 150,000 store operation scenarios. Typical customers include China Resources Vanguard, Wal-Mart, Liangpin Shop, Zhou Hei Ya, etc. Shanghai Yuanhui Information Technology Co., Ltd.: Founded in 2013, Shanghai Yuanhui Information Technology Co., Ltd. is a digital marketing solution provider, focusing on new retail, providing brand businesses with full-link technology and digital business services. At present, Yuanhui Technology has served more than 50 well-known domestic and foreign FMCG and Internet companies, including Johnson & Johnson, Budweiser, Mead Johnson, Nestlé and other brands. Easy Point Life E-Commerce Co., Ltd.: Easy Point Life E-Commerce Co., Ltd. was established in 2014 to provide integrated global digital marketing services for chain stores, FMCG brands, catering, banking, travel and other industries, and provide full-link product technical support, membership marketing, and card Coupon marketing, mini program development and operation, IoT payment and other services. At present, Yidian Life’s business covers 31 provinces and cities across the country, and has served more than 100,000+ stores nationwide, including merchants such as Yonghui Supermarket and Wal-Mart. Qingdao Ruitong High-tech Co., Ltd.: Qingdao Ruitong High-tech Co., Ltd. is a digital service provider that uses mobile payment as a starting point to provide retail businesses with digital operation and marketing solutions to promote the improvement of store operating efficiency. By providing merchants with access to various digital capabilities such as IoT payment, precision marketing, membership cards, coupons, and live broadcasts, Ruitong Technology has transformed traditional stores into smart stores. Its cooperative customers include leading businesses in industries such as Procter & Gamble, Pechoin, Liby, and Yili. Ruitong Technology has been deeply involved in the software industry for ten years and has won the 2016 Qingdao Industry Leading Enterprise, the 2017 First Shandong New Kinetic Energy Software Innovation and Entrepreneurship Competition Excellence Award, and the 2020 Group Digital Innovation Cooperation Award

According to users who have experienced ATM cash withdrawal, the overall digital renminbi cash withdrawal transaction is very convenient. First, select “digital renminbi” on the ATM machine, then enter the mobile phone number, then enter the SMS verification code sent to the mobile phone, and select “Cash back cash” , Enter the exchange amount and wallet payment password, you can get cash. The first few steps of the digital renminbi cash deposit process are the same as the cash withdrawal. After entering the mobile phone number and SMS verification code, select “Cash Exchange”, put the cash in the cash box, and enter the wallet payment password to complete the transaction. At present, the digital RMB wallet has not been promoted on a large scale, and it is still in the early stage of investment and exploration. Users in the pilot areas can “get” the digital RMB wallet through the following channels. First, it can be obtained by winning the lottery. Earlier this month, Beijing, Shanghai, Changsha and other cities successively launched the second round of digital renminbi pilot activities. Successful users download the digital renminbi APP and open personal digital wallets by themselves in accordance with the successful text messages or the registration platform guidelines. Next, the operating agency will issue digital renminbi red envelopes to the winning users’ personal digital wallets. Second, you can apply directly to the relevant bank outlets. In major banks participating in the digital renminbi test such as ICBC, Agricultural Bank, Bank of China, China Construction Bank, Bank of Communications, Postal Savings, etc., if a resident goes to a branch to apply for a digital renminbi wallet, the bank staff will show a QR code and the staff will guide the customer after scanning When you apply, you can open it at T+2 days at the latest, and some banks can open it on the spot. Some bank business departments will actively invite customers who come to this branch to handle business to open the digital renminbi authority. Third, it can be applied for on-site at the pilot activities related to digital renminbi. The fourth is to try to apply through mobile banking channels. Banks such as the Bank of China have recently sent invitation text messages to many target customers. Customers who receive the text messages can log in to the Bank of China Mobile Banking and click the “digital RMB” icon to apply for activation. It is worth mentioning that in addition to distributing red envelopes to invited test users, there are also some areas that are piloting the use of digital renminbi to pay wages. In this regard, Hainan is at the forefront. According to Nanhai.com, the Hainan Branch of the Bank of Communications has implemented digital RMB subsidies for ethnic minorities. Recently, Bank of Communications Hainan Branch has successfully completed the first wage payment service for the entire bank’s employees through digital renminbi payment, real-time payment, real-time payment to the account, and real-time query of the payment results. It is understood that the Hainan Branch of the Bank of Communications currently supports payment of bonuses, pensions, reimbursements, subsidies, etc., in addition to issuing digital renminbi wages and subsidies. Mobile payment was once regarded as one of the “Four New China Inventions”, which changed the payment habits of Chinese people. However, in recent years, there have been endless telecommunication fraud incidents, which means that traditional mobile payment still needs to be improved. Digital RMB draws on blockchain technology, and all transaction information will be recorded in the block. Even if users use offline transactions, the use of technical means can still be traced back to the circulation channels of funds, and the security is higher than that of mobile payments and banknotes. . The digital renminbi has completed pilot tests in many cities, and the test scenarios and participating institutions have continued to achieve breakthroughs, which means that the large-scale application of digital renminbi is not far away. Have you used a digital renminbi? How do you feel? (source:Cui Cui)

Bundesbank survey Germans are skeptical about the digital euro

Status: 16.06.2021 1:05 p.m.

The corona pandemic has further reduced the use of cash, also in Germany. According to the Bundesbank, Germans would be skeptical about the introduction of a digital euro. The European Central Bank (ECB) wants to decide this summer whether the introduction of a digital euro should be seriously tackled. This was announced last week by Burkhard Balz, board member of the Bundesbank. But the majority of Germans are skeptical about this project. Around 56 percent of all households surveyed were cautious in their initial assessment of the possible introduction of a digital euro, said Bundesbank board member Johannes Beermann yesterday in a speech at a cash conference of the German central bank. “Many of them are not convinced that this would offer sufficient additional value compared to the existing range of payment options.” Among other things, Beermann is responsible for the issue of cash on the board of the Bundesbank.

01/21/2021

Largely unknown project

In addition, according to the survey results, 77 percent of all respondents have never heard of or read about a digital euro. And those who know about it, fear in the first place that their personal data is not adequately protected. The security of the new means of payment also raises questions among the population, as does its availability within the entire euro area and the avoidance of additional costs. According to the central bankers, the digital euro could help on the way to the Smart Economy or Economy 4.0 by enabling programmable payments and supporting processing using modern technologies. However, the Bundesbank executive also emphasizes that the digital euro is not intended to be a substitute for cash. It is about a complementary offer. “As long as there is demand for cash, we will also offer cash,” said Balz.

04/16/2021

Cash as a safety cushion

ECB Director Fabio Panetta presented surprising figures on cash use during the Corona crisis at the Bundesbank conference. Accordingly, during the pandemic, people in the euro zone increasingly used cash as a safety cushion, although they made greater use of cashless forms of payment when shopping. According to Panetta, the demand for euro banknotes increased by 190 billion euros between March 2020 and May 2021. When comparing the volumes issued in spring 2020 with the average volumes of the past five years, this is an increase of four percent. At the same time, during the pandemic, significantly less purchases were made with notes and coins. “This seeming paradox – an increasing demand for banknotes despite a decline in cash payments – may be explained by the fact that people used cash as a means of dealing with uncertainty during the crisis,” said Panetta. Recent estimates suggest that even before the pandemic, only around 20 percent of the total amount of euro banknotes in circulation in the euro area had been actively used for payments. Panetta therefore assumes that euro notes and coins will survive the digital revolution.

Digital consumer protection Vulnerabilities in health apps

As of: 16.06.2021 1:53 p.m.

In the corona pandemic, health apps have gained many users. For some, however, there is a lack of data protection. This was the result of a study by the Federal Office for Information Security. The Federal Office for Information Security (BSI) found numerous security gaps in an investigation of health apps. According to a BSI report, six out of seven thoroughly tested apps transmitted passwords in clear text to authentication services. None of the apps fully met the security requirements of the BSI guidelines for health apps. The BSI did not provide the names of the apps examined.

Exclusive 03/10/2021

Personal data is not adequately protected

“From the point of view of technical IT security, this result must at least be rated as critical, especially in view of the fact that a significant proportion of the apps process sensitive and particularly sensitive data”, criticized the office for taking care of the data security of the federal government. “Because, according to the findings of the study, this does not adequately protect user data against attacks.” The BSI checked the health apps as part of the first report on digital consumer protection 2020, which, due to the corona pandemic, focused on digital health offers.

background 07/11/2019

damage “first of all manageable”

The BSI expert Nicolas Stöcker described the danger for users of the criticized apps when exploiting the identified loopholes as “first of all manageable”. If an attack took place, it would initially only affect a single person. “It would be worse if the backend, where the data is kept, were also insecure.” The authority has a corresponding further investigation for the future “on the screen”, says Stocker. However, BSI President Arne Schönbohm warned that the deficiencies found were also dangerous: “Every gap that is there, every weak point that is there has somehow been exploited at some point.” They are currently working with the app providers to close the gaps. “If we see that this is not fixed, then we reserve the right to issue a corresponding product warning”said Schönbohm.

Tim Draper. “I think I would be right on this one,” Draper told CNBC Make It. Draper first made his bold price prediction in 2018, when Bitcoin was trading around $8,000, according to Coinbase. “I will be really right or really wrong [nhưng] I’m pretty sure it’s going in that direction,” Draper said. That’s because Draper believes that virtual currency will be “more used by then”. Draper predicts: “Wait about a year and a half and retailers will use Opennode [một bộ xử lý thanh toán Bitcoin], so people will accept Bitcoin.” Currently only a few major companies accept Bitcoin directly or indirectly through a third-party digital wallet app, including Microsoft, PayPal, Overstock, Whole Foods, Starbucks, and Home Depot. And many experts see Bitcoin as a store of value, like gold, rather than currency. Draper said: “I think [Bitcoin] will continue to increase because there are only 21 million in all. Thanks to its code, only 21 million Bitcoins can be “mined”. To date, over 18 million bitcoins have been in circulation. Draper, 63, who built his fortune by making early investments in Twitter, Skype, Tesla and SpaceX, did not share how many Bitcoins he currently holds or whether he invests in other cryptocurrencies. or not. Draper says most engineers are working on improving Bitcoin right now. Last week, Bitcoin had its first upgrade in four years, called Taproot. Going into effect in November, the reported change will mean greater security and transaction efficiency. It is also meant to unlock the potential for smart contracts on the Bitcoin blockchain, CNBC reported. Bitcoin “Like Microsoft” [trong] software world or Amazon in the world of e-commerce,” said Draper. He believes that Bitcoin will be at the center of all financial activity in the next two to three decades. However, the value of Bitcoin is highly volatile and there are concerns about its massive energy use. For this and other reasons, experts recommend only investing as much money in Bitcoin as you can afford. Hundreds of billions of dollars were wiped out after Elon Musk tweeted in May that he would be suspending Bitcoin purchases at Tesla due to environmental concerns. In 2014, Draper purchased nearly 30,000 Bitcoins seized by US Marshals Services from the Silk Road Online Black Market.

The document provides knowledge, roadmap and digital transformation technology solutions for businesses. This is also the first document to summarize the map of technology solutions, independently evaluate the overview of the advantages and disadvantages of the solutions, compare the readiness of domestic and international solutions. economy on the Vietnamese market for businesses to consult and find the most suitable solution for their business conditions. Enterprises download documents at http://ebook.business.gov/vn According to experts, the program to support businesses in digital transformation for the period 2021-2025, the digital transformation roadmap for small and medium enterprises in Vietnam is recommended through popular stages including the preparation phase and three phases. section to execute. It is digital transformation of business models; digital transformation of governance models; Connecting business and innovation management to create new products and services. These stages are relative, depending on the actual status, goals and potentials of each enterprise, they can be implemented in parallel or in succession. The program to support businesses in digital transformation for the period of 2021-2025, with the goal that by 2025, 100% of businesses will have increased awareness of digital transformation. At least 100,000 businesses will receive technical support on digital transformation; At least 100 businesses are supported as a typical successful digital transformation model to spread and replicate…

The contest “Make in Vietnam digital products” is about to start. Expected to take place under the chairmanship of Deputy Minister of Information and Communications Phan Tam, in addition to the bridge point at the headquarters of the Ministry of Information and Communications, the press conference to announce and launch this year’s awards is also connected to 5 bridge points at the provincial Departments of Information and Communications. , cities include: Hanoi, Hai Phong, Da Nang, Ho Chi Minh City and Can Tho. In the second year of being held, according to the Award Regulation signed by the Minister of Information and Communications on June 7, “Make in Vietnam Digital Products” in 2021 continues to have 5 categories, including: Excellent digital platform; Excellent digital products; Excellent digital solutions; Narrowing the digital divide; Potential digital products. The second “Make in Vietnam Digital Product” Award will have Gold, Silver and Bronze awards for the categories of Excellent Digital Platform; Excellent digital products; Excellent digital solutions; Close the number gap. As for the category “Potential digital products”, this category only applies to participating units that are non-business organizations, small and medium-sized enterprises or creative start-ups and only the Top 10 are announced. The organization is expected to invite leaders of the Party, State and Government to award prizes to enterprises with high prizes. Products honored at the “Make in Vietnam Digital Technology Product” award in 2021 must satisfy two main groups of criteria, namely: design, creativity in Vietnam and practical value. In the criterion group “Actual value”, the score structure related to revenue, the number of users is 40 (accounting for about 70%). The award also encourages digital technology products of small and medium enterprises and innovative start-ups in the category of “Potential Digital Products”. Regarding the process of reviewing and awarding this year’s awards, the representative of the Organizing Committee said that at the preliminary stage, the subcommittees of the Jury Council will organize grading of documents that meet the criteria through the pre-qualification round. select 12 records with the highest score of each award category. The participating units with records in the group of 12 records with the highest score of each category will present and defend in front of the respective Committee’s Sub-Committees (in person or online) to the Sub-Committees. The evaluation board selects the Top 10 records in order of scores from high to low of each category. At the final round, based on the list of nominations of the subcommittees, the Jury Council held meetings to evaluate and select the Top 10 and the Gold, Silver, and Bronze prizes for the 4 categories of Awards and Top 10. 10 potential digital products. According to the Organizing Committee, the time to receive registrations and applications for the award will last from June 20 to the end of September 20, 1 month longer than the 2020 prize. During the period from June 20 to July 20, businesses can make preliminary registration and receive guidance from the award standing body to prepare documents according to the Award Regulations. Units and businesses send their documents online at the portal with the addresses: makeinvietnam.mic.gov.vn and makeinvietnam.vcci.com.vn.

The Digital Transformation Manual for businesses has just been officially published. (Source: Ministry of Planning and Investment) This Guide was developed by experts from the Program to support businesses in digital transformation for the period 2021-2025 of the Ministry of Planning and Investment, in collaboration with the USAID LinkSME Project. According to experts from the Program to support businesses in digital transformation for the 2021-2025 period of the Ministry of Planning and Investment, the digital transformation roadmap for small and medium enterprises (SMEs) in Vietnam is recommended through the following: the following common stages: the preparation phase and the 3 stages to make the gradual transition from “doing digital” to “being digital”. These stages are relative, depending on the actual situation, goals and potentials of each enterprise, they can be implemented in parallel or in succession. Specifically, as recommended by experts, the preparation phase is to define digital transformation goals and strategies. State 1 , apply digital transformation of business models such as: Applying digital technology (CNS) to expand the system of distribution channels, marketing, sales and improve the efficiency of customer care activities, forming Experience customer; Step by step applying digital technology to the supply chain (connecting inventory management, production, input purchasing); Applying digital technology to accounting and finance operations; Building a common database framework on business, supply and accounting; Develop business and data security policies and apply security tools… Phase 2 ,focusing on digital transformation of management models, including production processes and technology processes, such as: Completing the governance model and defining integrated data requirements for the next step; Building and perfecting the governance model from organizational structure, people, policies and processes to all functional areas of the enterprise; Develop management indicators (KPI/OKR) and management reporting system, and database requirements; Identify requirements for comprehensive digital transformation and integration purposes; Apply CNS to the management reporting system; … Stage 3, Connecting business and administration, innovating to create new products and services such as: Applying CNS to gradually connect existing systems into a seamless information system from business to enterprises corporate governance; Building a common database in the entire enterprise; Invest in innovation (R&D) to drive changes in products and services and continuously upgrade existing systems; Applying new CNS to ensure information safety and network security for data of the whole enterprise. According to aggregated information from the Guidelines, the Cisco & IDC 2020 Report on the digital maturity of SMEs in 14 countries in the Asia Pacific region shows that 31% of businesses are in the digital maturity stage. the first stage of digital transformation, down 8% compared to 2019; 53% of businesses are in the next stage (“Observer” – “Observation”), up 3% compared to 2019; 13% of businesses are in the “Challenger” stage and 3% of businesses are “Mature” (“Native”), up 4% and 1% respectively compared to 2019. That shows that SMEs are mainly still learning and at the beginning of digital transformation. In particular, according to the Enterprise Development Department (Ministry of Planning and Investment), this is the first document that summarizes the map of technological solutions, independently evaluates the overview of the advantages and disadvantages of the different technologies. solutions, compare the readiness of domestic and international solutions in the Vietnamese market for businesses to consult and find the most suitable solution for their business conditions. The program to support businesses in digital transformation in the 2021-2025 period is chaired by the Ministry of Planning and Investment and coordinated by the United States Agency for International Development (USAID). The program aims to achieve the goal that by 2025, 100% of businesses will have increased awareness of digital transformation; At least 100,000 businesses receive technical support on digital transformation; At least 100 businesses are supported as typical successful digital transformation models to spread and replicate; Establishing a network of experts including at least 100 organizations and individuals consulting, providing solutions to promote digital transformation for businesses, and supporting the development of digital platforms. Enterprises can refer directly at http://ebook.business.gov.vn./.

Many countries have applied vaccine passports to track citizens’ Covid-19 vaccination history, making it convenient for them to enter and exit. According to the World Tourism Organization (UNWTO), applying vaccination certification is an important tool to respond to the pandemic and restart safe international travel. Belize : Travelers who have been vaccinated against Covid-19 can now visit Belize without quarantine. Vaccine passports must be valid for at least 2 weeks prior to entry. In addition, travelers can also present a negative test for Covid-19 within 96 hours before entry (48 hours with the rapid test). Each rapid test on arrival at the airport costs about 1.1 million VND. Visitors come Ecuador , including the Galápagos Islands, are allowed entry if they carry a complete certificate of vaccination. Persons aged 2 years and older who do not have a vaccine passport must have a Covid-19 negative test certificate, confirmed within 3 days before arriving in this South American country. A negative test for Covid-19 must be taken within 96 hours before visiting the Galápagos Islands. Mandatory quarantine in Estonian will be exempted for guests who have been vaccinated. Visitors will be required to provide vaccination records including manufacturer information and vaccine batch number in English, Russian or Estonian languages. Those who have tested negative for Covid-19 within 6 months before entry are also not required to go through quarantine. Republic of Cyprus : From May 10, vaccinated travelers from 65 countries, including the US and UK, will not need to go through quarantine nor test for Covid-19 in this island nation. Visitors need to upload their vaccination certificate to the country’s system before entering the country. Georgia : International visitors can enter the country by air if they can prove they have been vaccinated against Covid-19. The country is still banning entry via land and water. There are separate entry rules for unvaccinated travelers based on their address. Georgia requires all travelers who have traveled through the UK 2 weeks before entry to undergo a 12-day quarantine. Greek now open to vaccinated travelers from EU member states. In addition, some travelers with vaccine passports from the UK, USA, Serbia, Israel, UAE, Iceland, Liechtenstein, Norway, Switzerland, are also allowed to enter. These travelers do not need to be quarantined or tested for Covid-19. Land, air and sea transportation of Guatemala Open traffic to stimulate international tourism. Visitors can visit the country if they have a negative test for Covid-19. In addition, visitors are also allowed to enter the country if they have a valid vaccination certificate at least 2 weeks before the trip. Iceland: According to the Icelandic government, from June 1, less stringent border quarantine measures will be applied to citizens of countries identified as low-risk areas. Visitors will skip the tests if they present an approved, digital or paper vaccination certificate in English, Icelandic, Danish, Norwegian, Swedish. Iceland is the first country in the EU/Schengen region to allow entry to vaccinated passengers from anywhere in the world. Poland quarantine is not required for people coming from countries in the Schengen area, having negative results for Covid-19 within 48 hours before entry. Citizens of countries outside this area are required to quarantine. Romania loosened quarantine requirements for travelers who have been vaccinated since January 18. However, American tourists are not allowed to enter this European country. Citizens in the group of countries allowed to enter Romania will be exempted from isolation and testing within 10 days after receiving the last dose of the vaccine. According to Lonely Planet

The tweet that the Tesla CEO released Sunday was part of an exchange with twitter users that omitted to refer to a CoinTelegraph article accusing him of “bitcoin manipulation.” Musk said that the company kept $1.5 billion of its initial investment in bitcoin, but sold about 10% to “confirm it’s easy to pay off.” [bằng bitcoin] without distorting the market”. Elon Musk has become a prominent and influential figure in the crypto world. He tweeted in May that Tesla would no longer accept bitcoin as a means of payment for its vehicles, citing the large amount of carbon emissions in bitcoin mining. esla will continue to allow transactions in bitcoin at the car manufacturer’s stores, once it is confirmed that the “mining” energy source is clean energy. Photo: Getty. This action is believed to be the cause of the sell-off of the world’s No. 1 cryptocurrency. Musk’s comments on the sustainability of bitcoin “mining” continue to resonate in the crypto community. A commonly cited metric from the University of Cambridge pegged the annual electricity consumption of bitcoin mining at around 99 terawatt-hours. This consumption is more than that of the Philippines or Pakistan. Some of Musk’s recent tweets have also sparked a mix of excitement, confusion, apprehension, and sometimes even fear in the crypto community. Earlier this month, investors attempted to analyze a mysterious tweet from SpaceX that included a bitcoin symbol and a broken heart emoji. The information that Elon Musk transmits has had a great influence on the price of dogecoin and bitcoin. Musk is also partly blamed for the current drop in bitcoin and the broader cryptocurrency complex. The Wall Street Journal has described him as the biggest influence on bitcoin. By the end of June 13, the bitcoin price was up nearly 8%, changing hands at $38,808.09 on CoinDesk. As of now, Bitcoin is up over 28% for the year but is down about 40% from its mid-April peak at $64,829.14. The world’s No. 2 cryptocurrency, Ethereum, gained nearly 5%, changing hands at $2,521.81. Back in February, Tesla revealed that it had acquired about $1.5 billion in bitcoin in a filing with the Securities and Exchange Commission. At the time, Tesla paid about $38,000/bitcoin for each bitcoin. This is the average price at the time of Tesla’s Q4 conference on January 27. This conference did not mention any bitcoin holdings and the date of filing with the SEC. Overall, the prices of digital assets like bitcoin are outperforming traditional markets.

The Ministry of Information and Communications will hold an online press conference to announce and launch the “Make in Vietnam Digital Product” award 2021 on June 18. This is the second year this award has been held. This event will take place at 6 bridge points, namely at the headquarters of the Ministry of Information and Communications, 5 at the Department of Information and Communications of provinces and cities including: Hanoi, Hai Phong, Da Nang, Ho Chi Minh City and Can Tho. In the second year of being held, according to the Award Regulation signed by the Minister of Information and Communications on June 7, “Make in Vietnam Digital Products” in 2021 continues to have 5 categories, including: Excellent digital platform; Excellent digital products; Excellent digital solutions; Narrowing the digital divide; Potential digital products. The “Make in Vietnam Digital Product” Award in 2021 continues to have 5 categories. Besides, the second “Make in Vietnam Digital Technology Product” award also has changes compared to 2020. Specifically, this year there will be Gold, Silver and Bronze awards for the categories of Excellent Digital Platform; Excellent digital products; Excellent digital solutions; Close the number gap. As for the category “Potential digital products”, this category is only applicable to participating units that are non-business organizations, small and medium-sized enterprises or creative start-ups, and only the Top 10 will be announced. The organization is expected to invite leaders of the Party, State and Government to award prizes to enterprises with high prizes. Products honored at the “Make in Vietnam Digital Products” award in 2021 must satisfy two main groups of criteria, namely: design, creativity in Vietnam and practical value. In the criterion group “Actual value”, the score structure related to revenue, the number of users is 40 (accounting for about 70%). The award also encourages digital technology products of small and medium enterprises and innovative start-ups in the category of “Potential Digital Products”. Regarding the process of reviewing and awarding this year’s awards, the representative of the Organizing Committee said that at the preliminary stage, the subcommittees of the Jury Council will organize grading of documents that meet the criteria through the pre-qualification round. select 12 records with the highest score of each award category. The participating units with records in the group of 12 records with the highest score of each category will present and defend before the respective Committee’s Sub-Committees (in person or online) to the Sub-Committees. The evaluation board selects the Top 10 records in order of scores from high to low of each category. At the final round, based on the list of nominations of the subcommittees, the Jury Council held meetings to evaluate and select the Top 10 and the Gold, Silver, and Bronze awards for the 4 categories of Awards and Top 10. 10 potential digital products. “The Ministry of Information and Communications will create conditions for businesses with winning products through propaganda and promotion activities to develop further with the desire to have more and more good technology products, meeting the development of the economy”, representative of the Information Organizing Committee. In addition, the units participating and winning the “Make in Vietnam Digital Technology Product” award in 2021 will also be considered for inclusion in the List of IT products and services prioritized for investment, rental and procurement in the future. state agencies; List of potential projects calling for investment. At the same time, support to build national brands for products and services of enterprises; exchange, consult and critique on the development mechanisms, policies, strategies and programs of the industry and the development orientation of digital technology products of enterprises.

Billionaire Elon Musk speaks at an event. Photo: AFP/VNA Tesla Inc CEO, billionaire Elon Musk, on June 13 posted on his personal Twitter page that the electric vehicle maker will accept bitcoin transactions when miners use a lot of energy. more renewable in the operation of “mining” this digital currency. The post of the head of Tesla states: “Once there is confirmation of a reasonable (about 50%) use of clean energy by miners with an upward trend in the future, Tesla will continue to allow bitcoin transactions”. Bitcoin jumped 5.1% to 37,360.63 USD/bitcoin on June 13 following the post of billionaire Elon Musk. The above post comes after the scientific journal Nature recently published a study that found China’s bitcoin “mines” pose a threat to the country’s climate goals. These mines account for nearly 80% of the world’s cryptocurrency transactions and partly use the energy of coal-fired power plants. Billionaire Tesla expressed his belief that digital currency has a promising future, but it cannot come at a hefty price for the environment. In addition, Mr. Musk also reacted to the article raising the possibility that billionaire Elon Musk regularly affects the value of bitcoin in one direction or another for his business benefit. The Tesla chief said that the company sold about 10% of its bitcoin holdings to confirm that the digital currency has easy liquidity without volatility to the market. Earlier in February 2021, Tesla revealed that it had purchased $1.5 billion in bitcoin and would accept it as a form of payment for cars. But in May, billionaire Musk reversed the decision, citing long-standing environmental concerns around mining this coin. Bitcoin dropped more than 10% in value shortly thereafter.

(Source: Reuters) The leading electric car manufacturer Tesla (USA) will again accept vehicles pay in bitcoin when the process of “mining” this cryptocurrency is certified to use clean energy. Tesla CEO, Billionaire Elon Musk announced the above information on June 13 and immediately caused bitcoin to increase 5.1% in value, to $ 37,360.60 at 1:10 am on June 14 (Vietnam time). Billionaire Musk said Tesla will restore use bitcoin coin in payment transactions when “miners” certify that 50% of the electricity used to “mine” cryptocurrencies is clean energy and identify this as a positive trend in the future. Bitcoin and other cryptocurrencies are the “rewards” obtained after the process of “mining” with specialized miners that solve computational problems that allow linking blocks of transactions (blockchains). This process consumes a large amount of energy. In May, billionaire Musk announced Tesla will no longer accept bitcoin as a means of payment in its purchases. The announcement reverses Tesla’s decision in late March to accept payments in bitcoin and invest $1.5 billion in the digital currency. According to the graph of Bitcoin Mining Power Consumption Index produced by the University of Cambridge (CBECI), the energy use for “mining” cryptocurrency has increased continuously since 2016, even skyrocketing in 2020 and up The current level is 149 terawatt-hours (TWh), an all-time high.

The results showed that teenagers who used smartphones more than 2 hours a day tended to eat unhealthy compared to those who spent less time using their phones. In addition, the number of teenagers who spend more than 3 hours a day using smartphones are significantly more likely to be overweight or obese. Smartphone use may cause obesity in adolescents. Teens who use their phones to search and retrieve overall information have healthier eating behaviors than those who use phones for chatting/texting, gaming, video/music, and social networking. festival. Causes can come from exposure to unhealthy food marketing online, a tendency to mindless eating while using a smartphone, not getting enough sleep, or a change in the time spent on physical activity. … Therefore, there is a need for strict regulation of the marketing of food aimed at teenagers in digital media, and measures to prevent youth from being exposed to marketing activities. or false messages about food. In addition, smartphone features can be leveraged to improve public health through nutrition tracking apps or digital platforms to provide complete and timely information. about healthy eating. Phung Dan ( ASN June 2021 )

30 seconds quick reading 1. The digital RMB online payment experience is not much different from bank cards, Alipay, and WeChat. 2. The main inconvenience of using digital renminbi payment online is that users must be very clear about how much balance they have in each wallet, otherwise they will encounter the dilemma of insufficient balance when paying, because it is equivalent to a cash wallet and cannot be like a credit card Overdraft. 3. From the offline experience of “IT Times” reporters, once the mobile network is closed, operations such as payment and transfer cannot be realized, and offline payment cannot be used. The said “offline payment” function has not yet been implemented yet. Speaking of the current magic capital, which festival is the hottest? It is undoubtedly the second Shanghai “Five-Five Shopping Festival” spanning the second quarter. It’s another “buy, buy, buy” rhythm. This year’s “Five-Five Shopping Festival” has a particularly strong digital flavor. Many merchants on Nanjing Road Pedestrian Street have put digital RMB signs on the counters. This year’s “Five-Five Shopping Festival” “Become a “touchstone” for the digital renminbi. Currently, the digital RMB pilot areas are “10+1”, including Shenzhen, Suzhou, Xiong’an, Chengdu, Shanghai, Hainan, Changsha, Xi’an, Qingdao, Dalian and the Beijing Winter Olympics. The digital renminbi is becoming a “frequent customer” around us. In fact, not only offline, some Internet platforms have also opened up digital RMB payment channels, alongside WeChat Pay, Alipay, and Cloud QuickPass. What is the online and offline payment experience of digital renminbi? Recently, a reporter from “IT Times” conducted a test. 01Online Source: IT Times Can pay and pay party dues To use digital renminbi online, the first step is to open a sub-wallet. In “More” at the top of the homepage, click “Sub-wallet”, and there will be Internet platforms that have connected to digital RMB, such as Didi, Ctrip, JD, and more than 20 platforms, but the number of times the digital RMB sub-wallet has been opened is Limited, according to the current test conducted by a reporter from the IT Times, the maximum number of sub-wallets opened by each bank is two, and no digital renminbi is kept in the sub-wallets. It can be seen on the Digital RMB App that among the Internet platforms that are connected to, Travel categories include Meituan Biking, Didi Chuxing, Qingju Bicycle, Tianfutong (Chengdu Bus and Metro), Qingdao Metro App, E-commerce categories include JD.com, Jingxi, Suning.com, Tmall Supermarket, Tourism category includes Ctrip, Tuniu Tourism, Fresh food delivery categories include Ele.me, Meituan, Hema Fresh, Shixing Fresh, The express category currently only has SF Express, The financial category includes JD Finance, Petrochemical Finance, Charging categories include special calls, star charging, Entertainment category includes Bilibili. After opening the sub-wallet, the digital renminbi can be paid online on the corresponding App. In addition, major banks have also launched trials of their own products, such as the e-commerce platform of China Construction Bank, Shanrong Commercial, and the Postal Savings Life of China Postal Savings Bank. The digital renminbi online payment experience is not much different from bank cards, Alipay, and WeChat. When making a transaction, choose any bank’s wallet to make the payment. After entering the password, the digital renminbi App will be displayed on the top to prompt the transaction. After payment, you can open the digital wallet to see the transaction record and a string of transaction certificate numbers. The payment of party dues is also the main entrance to the digital RMB app, but currently this function is only open to some party branches in pilot projects. For example, Sinopec has already used digital RMB to pay party dues. Avoid insufficient balance At present, digital renminbi is still in the pilot stage, so each app has certain restrictions when using digital renminbi for payment. For example, e-commerce apps and JD apps can only use digital renminbi to purchase self-operated products. Meituan has opened three areas for cycling, grocery shopping, and takeaway. The only areas where digital renminbi can be used for grocery shopping are Beijing and Shanghai. Bilibili is only for Android phone users to use when topping up B coins. The main inconvenience of using digital renminbi payment online is that users have to be very clear about how much balance they have in each wallet, otherwise they will encounter the dilemma of insufficient balance when paying, because it is equivalent to a cash wallet and cannot be overdrawn like a credit card. Assuming that you have 3 bank cards to open a digital wallet, you have 3 cards and 3 digital wallets, and you need to memorize multiple balances. In addition, it is recommended to set the same transaction password when opening multiple digital wallets to avoid confusion. Online merchant banks (Alipay) and WeBank (WeChat Pay) will also gradually join the digital renminbi wallet operators. Currently, Internet merchant banks have opened the possibility of adding digital wallet functions, but they cannot be used on the central bank’s digital renminbi App for the time being. WeBank It will display “coming soon”. Source: IT Times According to media reports, Alipay has started a digital RMB pilot program. After being activated, the invited users can implement transfer, transfer, transfer, payment, and payment functions on the Alipay App. 02 offline Source: IT Times The entrance is clear and offline is still “missing” More than a month ago, a reporter from “IT Times” experienced the use scenarios and processes of digital renminbi offline. At that time, the reporter opened the digital renminbi in the ABC App. From the experience process, the digital renminbi payment entrance hidden in the bank app Deeper, unlike Alipay and other payment portals on the home page. On the central bank’s digital renminbi App, the payment portal is on the homepage, and the balance of a bank’s digital renminbi opened by oneself will be displayed on the homepage, and the payment will be received downward and payment will be made upward. On Nanjing Road Pedestrian Street, which is building a “digital RMB key experimental block”, many time-honored food stores have opened digital RMB payment channels, including No. 1 Food Store and Shen Dacheng Nanjing Pedestrian Street Store. After purchasing some items, the reporter of “IT Times” showed the digital RMB payment code to the cashier when paying. Scanned it and entered the payment code to make the payment successful. The payment process is as convenient as Alipay and WeChat. But like using digital renminbi online, it is necessary to avoid insufficient balances. At this time, you can use the “recharge wallet” function to convert the equivalent value of the funds in your bank account into the digital renminbi in the digital renminbi wallet. On the payment page of the digital renminbi, there is also a “touch one touch” function. If there is a “touch one touch” sign on the digital renminbi payment sign in the store, it means that you only need to touch the mobile phone and the induction area on the sign to complete it. Payment is more convenient than showing a QR code. However, not all stores that have opened digital RMB payment have a touch function. The reporter of IT Times did not see a sign with a “touch” sign in some shops in Nanjing Road Pedestrian Street and Putuo Global Harbor. Some media reported that in the “touch” mode, even if there is no internet connection, the digital renminbi can complete the verification of the user’s identity and the confirmation of the transaction information to complete the transaction. Since the digital renminbi has been piloted, its “anonymous and controllable” and “dual offline” functions have been attracting attention. However, from the offline experience of the reporter of “IT Times”, once the mobile network is closed, operations such as payment and transfer cannot be realized. The page will display “Current network is not available”, cannot display the QR code, and cannot use offline payment. The same experience as the reporter had more than a month ago. A research report from CICC pointed out that, from the perspective of payment methods, the current digital RMB test App uses QR codes as the payment method, and the QR codes cannot be loaded offline. Tips digital renminbi, things you must know 1. How to activate Take Shanghai as an example. The first wave of pilots mainly embeds digital RMB in the mobile banking of the six major banks, which is open to the public. From the perspective of the activation experience, it is more convenient. Commonly used bank cards can almost pass through mobile banking in seconds. However, if you use the card very much, it is probably not on the whitelist. You need to go to the bank counter to open the digital wallet. A reporter from “IT Times” tried to open the digital wallets of four banks. Among them, the Industrial and Commercial Bank of China and China Construction Bank passed the registration on the mobile banking terminal within seconds, and the Bank of China and the Postal Savings Bank did not pass online. However, the download and activation of the central bank’s digital RMB app requires targeted invitations, and it is not open to the entire public in the app market. 2. Digital wallets can be transferred to each other “IT Times” reporters have three digital wallets on the Digital RMB App: ICBC, China Construction Bank, and Internet Commercial Bank. The ICBC digital wallet can be used to transfer funds to the CCB digital wallet. Just fill in the mobile phone number or digital wallet number to transfer funds. Since WeBank has not yet been opened, it is not yet possible to try whether it can transfer with online merchant banks. 3. Bank cards and digital wallets cannot be transferred For example, it is impossible to transfer money to CCB’s digital wallet with ICBC bank card. On the Digital RMB App, only the bank card of the bank can be used when transferring in or out of the digital wallet. 4. How is anonymity reflected? When using the digital wallet number to transfer money, the interface will prompt “inter-agency transfer cannot verify the real name of the payee, please operate with caution”. When opening for the first time, you can choose an anonymous wallet, but anonymous wallets do not support transfer in or out, only transfer and consumption, and the upper limit of the digital wallet balance is 10,000 yuan, the single payment limit is 2,000 yuan, and the daily payment limit is 5000 yuan, the annual cumulative payment limit is 50,000 yuan. 5. Different types of wallets have different quotas The digital wallet opened by the reporter of “IT Times” is a secondary wallet. The digital wallet balance limit of each bank is 500,000 yuan, the single payment limit is 50,000 yuan, the daily payment limit is 100,000 yuan, and the annual cumulative payment limit is unlimited . Digital renminbi is divided into multiple types of wallets according to the degree of real name. The wallet with strong real name has the highest authority in terms of payment limit and so on. Author/IT Times reporter Pan Shaoying Sun Yan Edit/kick sister Typesetting / Huang Jian Photo/Xinhua News Agency, IT Times Source / “IT Times” public account vittimes

According to Nguyen Viet Hong, General Director of Vina CHG, said: “The Hologram 3D+ anti-counterfeiting stamp is developed on a digital platform, printed with multi-dimensional laser engraving technology, creating floating and sinking effects, helping consumers easily recognize it. presented through 3D effects, different from the usual hologram stamps on the market”. This type of stamp is combined with traceability software and SMS, so it is not only difficult to counterfeit but also supports businesses in managing business systems on digital platforms, helping consumers to retrieve information, authenticate products accurate, fast products, suitable for most industries on the market today. Stamps are integrated with SMS technology and QR Code traceability on 3D Hologram background Not only has good anti-counterfeiting ability, high aesthetics, 3D + hologram stamps will also bring more advanced utilities to businesses, helping businesses save costs and operate professionally by integrating capabilities. customer care software, warranty activation…

Tian Huiyu attaches great importance to the development of financial technology. In the more than 2,000 words of the “President’s Address” in the China Merchants Bank’s 2019 annual report, he mentioned a total of 6 “technology”, 9 “transformation”, and 14 “digitalization”.

Since taking office in 2013, Tian Huiyu has been pushing China Merchants Bank to “run wildly” on the road of technology.

“We have made a clear-cut proposal to build a financial technology bank, and take the exploration of digital business models as the main direction of the second half of the transformation.” Tian Huiyu said in the 2019 annual report.

Thanks to the efforts of Tian Huiyu and other people from China Merchants Bank, China Merchants Bank’s “technological strength” has been at the forefront of the industry.

• At the end of 2019, CMB’s investment in information technology was 9.361 billion yuan, an increase of 43.97% year-on-year, which was 3.72% of the company’s operating income; in 2020, CMB’s investment in information technology reached 12 billion yuan
• In December 2020, China Merchants Bank and JD.com jointly won the second direct banking license in China. China Merchants Topology Bank will fully adopt an online business model and explore new forms of banking in the future
• As of January 10, 2021, the CMB App has accumulated 145 million users and 60.25 million monthly active users

The emergence of the epidemic will bring more complicated situations and tests to banks in 2020, and China Merchants Bank’s performance last year was relatively stable. According to the performance bulletin published on January 14, China Merchants Bank achieved operating income of 290.508 billion yuan in 2020, an increase of 20.805 billion yuan, or 7.71%, over the same period last year.

Recently, Tian Huiyu also said in an interview with a reporter from the Financial Times that the epidemic has isolated physical contact between people, but thanks to a higher level of digital service system, the relationship between China Merchants Bank and its customers has become closer. It also strengthened China Merchants Bank’s determination to promote digital transformation.

Create “Digital Merchants Bank”

China Merchants Bank, founded in 1987 and headquartered in Shenzhen, China, is the first joint-stock commercial bank in China that is wholly owned by a corporate legal person.

China Merchants Bank adheres to the strategic direction of “light banking” and the strategic positioning of “one body and two wings”.

“Light Bank” The strategic direction of China Merchants Bank requires light management, light assets, light business model, etc. For example, light management refers to a light organization structure, which is manifested in the head office and branches going hand in hand; light asset refers to less asset consumption and more controllable risks. At present, China Merchants Bank and ICBC have joined the ranks of light banks. In its annual report, China Merchants Bank pointed out that it is necessary to closely focus on the transformation direction of “light banking” and strive to achieve a breakthrough in the qualitative change of financial technology banks.

At the same time, China Merchants Bank also insisted “One body and two wings” Strategic positioning, Retail “One” takes MAU as “North Star” (North Star is the most important direction, and all indicators serve this indicator) , Wholesale “Two Wings” take specialization as the direction, focus on building wholesale business systemization capabilities, and accelerate the advancement of digital transformation.

With MAU as the most important indicator, the number of APP users of China Merchants Bank continues to rise. At the end of 2019, the cumulative number of CMB App users exceeded 100 million; in mid-2020, the cumulative number of CMB App users reached 129 million; as of January 10, 2021, the cumulative number of CMB App users had reached 145 million. The number of active users is 60.25 million.

China Merchants Bank also directly pointed out that it must pass Benchmarking financial technology companies , Vigorously carry out the construction of financial technology banks, use financial technology as the nuclear power of transformation and development, and fully empower business development .

Currently, China Merchants Bank has built three software centers in Shenzhen, Hangzhou, and Chengdu, and two data centers in Shenzhen and Shanghai to support the business development of the entire bank.

China Merchants Bank’s “AI Actual Combat”

Digital risk control

China Merchants Bank’s intelligent risk control platform “Libra System” covers online and offline transaction channels, and can intercept telecom fraud in real time.

As of the end of 2019, the “Libra System” can intercept suspected fraudulent transactions within 30 milliseconds, reduce the proportion of counterfeit and embezzled amounts of non-cardholders to five ten million, and help customers intercept 27,900 telecommunications fraud transactions. The interception amounted to 493 million yuan, which provided a strong guarantee for the safety of customer funds.

As of mid-2020, China Merchants Bank has reached 75.60% of the early warning accuracy of potential risky corporate customers; it has helped customers intercept 80,000 telecommunications fraud transactions, with an intercepted amount of more than 1.8 billion yuan, which provides a strong guarantee for the safety of customer funds.

Now, the intelligent risk control platform “Libra System” can intercept most suspected fraudulent transactions within 20 milliseconds, reducing the proportion of counterfeit and embezzled amounts by non-cardholders to six ten millionths.

In addition, in terms of external cooperation, China Merchants Bank is also actively cooperating with digital technology companies such as Huawei, Tencent, and Suoxinda.

According to an article published on Huawei’s official website in 2018, after the China Merchants Bank credit card unified risk control platform based on Huawei’s FusionInsight big data solution was launched, the number of risk cases was reduced by 50%, and the loss in half a year was reduced by more than 100 million yuan. The credit card issuance time has been reduced from about 15 days. Shorten it to 5 minutes.

In November 2017, Tencent and China Merchants Bank formally signed a cooperation agreement to reach a cooperation in the field of financial big data anti-fraud: Tencent Financial Cloud and Tencent Security Anti-fraud Laboratory opened up anti-fraud capabilities to China Merchants Bank through AI technology to help China Merchants Bank Better identify fraud in financial services and jointly build a financial security ecosystem.

According to news in April 2020, Tencent and China Merchants Bank jointly launched the “Lingshield Plan” to create a new model of anti-fraud through technology.

Digital marketing

In the field of intelligent marketing, the characteristics of China Merchants Bank are personalized recommendation, precise identification and electronic channel construction.

Beginning in 2015, China Merchants Bank has cooperated with Suoxinda Holdings, a global financial AI big data and integrated intelligent marketing solution manufacturer, from the customer group marketing stage 1.0, to the personalized marketing stage 2.0, to the real-time marketing 3.0 stage, to AI Marketing 4.0 stage, comprehensively build China Merchants Bank’s leading digital smart marketing system. It is reported that through the generation of 1,726 customer portrait tags for retail customers, the number of marketing customer contacts has increased by 6.56 times, the marketing success rate has reached 17.42%, and the personalized recommendation of “thousands of people” has begun.

Digital Customer Service

In 2016, under the technological wave of AI + big data, China Merchants Bank’s credit card service started the application of intelligent services with the palm life app as the core, from AR customer service, to AI-core intelligent customer service, and then to small recruitment assistants. Every new technology exploration and application has brought users a better interactive experience, and has become a more personalized and portable intelligent assistant for users step by step.

At present, the “Xiao Zhao Miao Smart Assistant” launched by CMB Credit Card on the Pocket Life App uses AI technologies such as voice conversion and semantic recognition to perform intelligent intent analysis of natural language, making the service “visible” and “heard” “. At the same time, the intelligent voice navigation function is implanted in the telephone voice IVR, the recognition accuracy rate reaches 94%, and the interaction volume is nearly 80,000. In addition to voice recognition technology, face recognition has also been used in the image, which greatly shortens the security authentication time.

In 2020, an interim report issued by China Merchants Bank pointed out that the automatic response accuracy rate of China Merchants Bank’s intelligent customer service reached 96.7%.

Digital investment advisory

In 2016, China Merchants Bank launched a robo-advisory service-“Capricorn Intelligent Investment”, which is also the first domestic commercial bank to launch robo-advisory services.

“Capricorn Smart Investment” mainly uses machine learning algorithms to incorporate more than ten years of wealth management experience of China Merchants Bank, and builds an asset allocation portfolio based on public funds, so as to achieve the purpose of diversifying investment risks with investors.

In 2018 alone, the cumulative sales scale of CMB Capricorn Smart Investment reached 12.233 billion.

Digital Middle Office

In the 2019 annual report, China Merchants Bank pointed out that it will build a unified digital middle-station for enterprises-China Merchants Bank’s open platform, explore the transformation of business models supported by standardized and modular services, and quickly respond to customer needs.

Prior to this, Leifeng.com (Public Account: Leifeng.com) had reported on China Merchants Bank’s data center in detail. For example, China Merchants Bank has built a middle-office system for customer acquisition and operation across the entire chain, such as the Rubik’s Cube activity operating platform and the red envelope platform. Like the Rubik’s Cube event platform, branches can quickly configure an online event within 5 minutes and reach target users through the China Merchants Bank App.

China Merchants Bank also proposed Strengthen the construction of data center and promote data connection. Strengthen data governance, improve the convenience and ease of use of data, build a data application tool platform, and lower the threshold of data application. Promote the integration and opening of the system, open up the work flow and information flow of each system, and realize one entrance to the whole line. Decoupling the system with open thinking, micro-service and productization of functional modules, Precipitate various general capabilities as the middle stage of the system.

The 2020 Interim Report of China Merchants Bank pointed out that China Merchants Bank will accelerate the iterative development of its customer relationship management system (CRM), and use the CRM system as a medium- and Taiwan-based capability precipitation carrier to form a customer information center, information case center, business processing center, marketing support center and a series of scenarios. Five core functions such as the team building center.

The CRM4.0 system is a key platform for the transformation of the “China Merchants Bank” financial business model. It is a smart marketing platform and a digital operation platform based on the business system, as well as a customer service system and a customer manager management system platform.

smart robot

China Merchants Bank relies on big data and artificial intelligence to create intelligent service robots, traffic distribution decision-making robots, intelligent agent assistant robots, service analysis robots, quality inspection robots, etc., covering user insights, traffic distribution, service interaction, demand re-excavation, management improvement, etc. Five modules, and moved the call center to the Pocket Life App to provide users with audio-visual multimedia interactive services, which has achieved the upgrade of service efficiency and user experience.

In June 2020, Tian Huiyu pointed out that China Merchants Bank relies on big data and artificial intelligence to create a large number of intelligent service robots. The cost of robots used for retail credit collection is 1/10 of labor, and the output is 9 times that of labor. The above is to increase production capacity.

RPA (Robot Process Automation)

As of October 2020, the financial industry accounted for the highest proportion of domestic RPA companies at 54.55%, of which 77.78% of financial institutions are banks. Among them, Shanghai Pudong Development Bank and China Merchants Bank were the first banks to use RPA. They were the first to introduce RPA technology in the domestic financial industry in 2016 and 2017, respectively, in order to improve the level of operation automation. The effect is very impressive.

In December 2018, China Merchants Bank used intelligent robots to participate in business processing in the new version of its online custody banking system, which was the first to realize the application of RPA technology in the asset custody field.

In 2020, China Merchants Bank has innovatively integrated the RPA shared pool technology on the basis of the original CBS7.0 platform, and launched CBS-RPA, which can quickly help companies build a complete treasury management system, build a comprehensive treasury management system, and solve treasury management Problems and perplexities. The product became very popular after it was launched, and it has been successfully launched in nearly ten large group companies across the country within only half a year of its launch.

In the 2020 interim report, China Merchants Bank pointed out that it applied RPA, OCR and NLP (natural language processing) and other financial technology technologies in 24 middle and back-office scenarios including verification, entry, and consulting. During the reporting period, the number of alternative businesses reached 11.64 million. .

Tian Huiyu, President of China Merchants Bank, said: RPA uses machines to replace simple outsourcing, which saves a lot of costs.

cloud computing

At the end of 2019, the total number of X86 server deployments of China Merchants Bank increased by 60.67% year-on-year. The new generation of PaaS (Platform as a Service) platform expanded its use, and the proportion of the bank’s applications on the cloud reached 44%.

At the same time, China Merchants Bank continues to enhance its open banking capabilities. The “Open API Platform” for unified external services across the bank supports the safe and fast output of APIs, serving financial payment, AI, smart parking, smart medical and other scenarios, and empowering 629 cooperative enterprises. In terms of big data + AI, the big data cloud platform was upgraded, the overall capacity of the data lake was increased to 9.8PB, and the data entering the lake increased by 68% year-on-year.

Based on the integration of internal and external data, China Merchants Bank has increased the research and application of AI technology, built three AI cloud services of intelligent customer service, risk public opinion, and computer vision, and launched three major AI solutions for knowledge management, digital marketing, and risk management to support business The development of intelligence.

The 2020 mid-term report pointed out that China Merchants Bank will establish a large-scale digital infrastructure based on cloud computing technology, promote the construction of a native cloud that is more convenient for rapid construction, expansion, openness and iteration of systems and applications, and support the safe access of new applications from the head office and branches to the cloud .

As of mid-2020, China Merchants Bank has 4,015 native cloud servers, an increase of 100% over the end of the previous year; the scale of native cloud storage is 29.18PB, an increase of 92% over the end of the previous year; the number of native cloud containers is 69,080, an increase of 121% over the end of the previous year.

database

On November 27, 2017, China Merchants Bank and Huawei established a joint innovation laboratory for distributed databases to jointly develop independent and controllable financial-grade distributed database products.

In this joint creation project, China Merchants Bank mainly does three things: first, to provide advanced financial business scenarios; second, based on so many years of advanced experience in database use and operation and maintenance of China Merchants Bank, it proposes a solution for the joint creation of distributed databases. Specific requirements; third, for the key components of the Lianchuang database, such as the kernel and high-availability architecture, deeply participate in the entire link from design, coding, testing to final production. Huawei, on the other hand, has a large amount of technology accumulation in the database field, and is mainly responsible for the realization of product development and the promotion of future marketization.

After initial contact and cooperation, China Merchants Bank and Huawei conducted a pilot database application in 2018.

In the 2019 annual report, China Merchants Bank pointed out the establishment of the Kunpeng Computing Joint Innovation Laboratory and the Load Balancing Joint Innovation Laboratory to accelerate the implementation of the research results of the distributed database joint innovation laboratory.

Biometrics

As the leading brand of commercial banks, China Merchants Bank focuses on internal risk control and payment security, combined with cutting-edge technologies such as big data, cloud computing, and artificial intelligence, and continuously upgrades the risk control system, creates smart risk control, and creates convenience and efficiency for consumers. Safe and assured customer experience.

In order to strengthen the bank’s internal security management, increase the efficiency of the banking system’s authorization, and enhance the counter business risk prevention capabilities, China Merchants Bank introduced the fingerprint recognition algorithm and smart terminals of Eyes Technology as early as 2009, which were applied to the counters and smart branches of China Merchants Bank. And in mobile marketing, it has realized intelligent risk control and cost reduction and efficiency enhancement, helping China Merchants Bank to provide consumers with intelligent, convenient and safe financial services with user experience as the core, and add to the good life of users.

Blockchain

As early as 2018, China Merchants Bank issued the country’s first financial industry blockchain electronic invoice.

At the end of 2019, China Merchants Bank improved and developed the standard branch chain and BaaS (blockchain as a service) platform ecology, with a total of 25 applications.

In the 2020 mid-term report, China Merchants Bank pointed out that it is improving and developing the open permission chain and blockchain as a service (BaaS) platform. It has been developing the continuous application of blockchain and business integration in scenarios such as supply chain finance and merchant fund clearing. explore.

Online payment

In the 2019 annual report, China Merchants Bank pointed out that it will realize ecological operation with the industrial Internet as the key link. Focusing on the three major directions of account and payment system digitization, digital financing, and financial technology capability output, the industry chain is opened up, and the unified payment and settlement system is innovated to realize the collection and settlement function and the internal account settlement mode of the B2B platform.

At the end of 2019, China Merchants Bank’s comprehensive settlement solution “Cloud Bills” has provided services to 5,766 corporate customers, with a transaction volume of 287.271 billion yuan; the aggregate collection business focuses on insurance, medicine, education, and FMCG four scenarios, and the number of transactions Reached 502 million transactions, with a transaction value of 146.647 billion yuan, a year-on-year increase of 267.51%.

The “Three Times” of China Merchants Bank

China Merchants Bank started from Shekou, Shenzhen, and has been crowned as the “King of Retailing” in the banking industry for 40 years of ups and downs. Along the way, it is inseparable from the three presidents’ keen insight into market changes and their strong courage to actively reform.

Wang Shizhen He was the first president of China Merchants Bank and served for 14 years. Under his leadership, China Merchants Bank evolved from a wholly-owned bank of China Merchants into a standard joint-stock commercial bank, and gradually got rid of the restrictions of regional banks, and basically formed a national commercial bank. Pattern.

Wang Shizhen and other leaders also made the decision to quickly establish a computer system for China Merchants Bank, and set a clear mid-term goal: to complete the computerization of basic business processing within three years, and to complete the computerization of all business processing within five years. This has laid a good foundation for China Merchants Bank to carry out digital transformation in the future.

Year 1999, Ma Weihua He took over as the president of China Merchants Bank and fully started the construction of China Merchants Bank’s online banking after taking office, becoming the first commercial bank in China with online financial services. The opening of China Merchants Bank’s online banking became the starting point for its retail business.

In 2010, after realizing that the profit growth achieved by large-scale capital consumption and profit margins in the past was difficult to sustain, Ma Weihua led China Merchants Bank to implement the goals of reducing capital consumption, increasing loan pricing, and controlling financial costs. “Secondary transformation”. Like Wang Shizhen, Ma Weihua has also been at the helm of China Merchants Bank for 14 years.

year 2013, Tian Huiyu Taking over as the president of China Merchants Bank, China Merchants Bank has ushered in a new era in which it is fully embarking on the road of “finan-tech banking”.

Under the leadership of Tian Huiyu, China Merchants Bank proposed “mobile first” in 2015, consciously using APP as its main business position.

In 2016, China Merchants Bank mentioned fintech in its annual report for the first time, proposing that the bank’s “premature power” must be used to advance its fintech strategy, and in its 17-year report, it proposed to be a “finan-tech bank”.

Under the leadership of Tian Huiyu and other leaders of China Merchants Bank, at the end of 2019, China Merchants Bank invested 9.361 billion yuan in information technology, a year-on-year increase of 43.97%, which is 3.72% of the company’s operating income.

China Merchants Bank attaches great importance to science and technology investment, and its investment in information technology has far exceeded that of most banks over the years. Public information shows that the annual financial technology budget of China Merchants Bank is determined at 3.5% of the previous year’s revenue.

Recently, Tian Huiyu said in an interview that China Merchants Bank’s investment in information technology has reached 12 billion yuan in 2020. Based on this figure, Leifeng.com calculates that China Merchants Bank’s IT investment will account for more than 4% of the company’s operating income in 2020.

Source of pictures of on-site discussion at the forum: Photo by reporter Zhang Jian Accelerating the construction of a new development pattern with the domestic cycle as the main body and the domestic and international double cycles mutually promoting each other is a major adjustment and improvement of my country’s economic development strategy and path in the “14th Five-Year Plan” and a longer period of time in the future. At present, many cities from the coast to the inland are setting their sights on the strategic fulcrum of building a “double cycle”. What opportunities and challenges will emerge in this? On May 22, 2021 International Gateway Hub City Development Forum and Peking University National Development Research Institute (Chengdu) Forum were held in Chengdu. Huang Zhuo, Assistant Dean of Peking University National Development Research Institute and Deputy Director of Peking University Digital Finance Research Center, Chengdu Supply Chain Secretary-General Wang Zhichao, Dai Deliang, West China Managing Director Zhang Yupeng, and Jiwei IoT Senior Vice President Chen Yuan discussed the opportunities and challenges of the new fulcrum of the “dual cycle”. Chinese cities usher in a period of development opportunities The “dual cycle” new development pattern is a very big opportunity for the Chinese economy. Especially in the past 2020, benefiting from a complete industrial chain and a stable supply chain, the Chinese economy has played a decisive role in the global economic recovery. At the forum, Huang Zhuo gave a set of statistics. In just ten years from 2010 to 2020, the proportion of Chinese companies in the world’s top 500 companies has increased from 54 in 2010 to 138 in 2020, which has surpassed that of the United States. 121 companies, “This shows that Chinese companies are at a new level in supply chain building.” At present, the importance of Chinese companies in the global economic system continues to increase, and they are accelerating their movement to the upstream of the industrial chain. Many companies have shown higher and higher right of speech and pricing power in their respective industries. From this perspective, “the new development pattern of the “double cycle” means a new stage of development for China. It is also a very broad opportunity for Chinese cities.” Huang Zhuo said. Take Chengdu as an example. In recent years, Chengdu has developed strong momentum. It has two major hubs, aviation and railway, covering more than 130 countries and regions. At the same time, it has a complete range of industries, including two trillion-level industries and five five-hundred billion-level industries. Wang Zhichao believes that this has played a key role in supporting Chengdu’s comprehensive and in-depth participation in the global division of labor and trade. In addition, Chengdu has a relatively high level of openness. The comprehensive bonded zone has ranked first in the country for three consecutive years. Especially during the epidemic last year, Chengdu’s foreign trade processing enterprises took on many transfer orders from inland areas. Through the construction of 66 industrial function zones and 14 industrial ecosystems, Wang Zhichao said, “Chengdu is expected to become an important fulcrum of the global supply chain in the historical opportunity period of the’double cycle’.” Regarding the development opportunities of the industrial chain in the western region in the future, Chang Yupeng suggested that we can learn from the successful experience of the “rail transportation industry chain”, apply the “Chengyu model”, attract the world’s top technology and talents, integrate the global industry chain and resources, and establish a joint venture company . Drive the optimization and upgrading of the industrial chain in the western region with a market-oriented model. Accelerate the digital transformation of supply chain enterprises Under the new pattern of “dual cycle”, opportunities must outweigh the challenges, but they will also face problems such as weak competitiveness of small and medium-sized enterprises. Chen Yuan pointed out that how to help small and medium-sized enterprises cope with difficulties is something that requires everyone to work together and consider. A local company in Chengdu, Jiwei Internet of Things, is an online platform that focuses on the digital transformation of service supply chain companies. “In the double cycle, what we have to do is how to help companies get through the supply chain. The core is to solve the connection between the company and the company. In the process of connecting, our job is to integrate the resources between the company and the company. The entire supply chain, including transportation, warehousing, processing, distribution, etc., is connected through online platforms to empower traditional enterprises, especially small and medium-sized enterprises, and help them grow together.” Chen Yuan said. As Huang Zhuo said, the construction of China’s supply chain is currently at a new stage, and the first challenge it faces is to improve the digital level of the supply chain. First of all, companies must have the awareness of digital transformation and upgrading, and on this basis, continuously improve their digital transformation and upgrading capabilities; secondly, from the government’s point of view, they must pay close attention to some bottlenecks in the supply chain, such as some In terms of the neck-stuck, the government needs to strengthen the construction of digital infrastructure and coordinate some resources to conduct concentrated research, including but not limited to the introduction and training of high-end talents. Wang Zhichao took Chengdu as an example. As early as 2017, the Chengdu Port Logistics Office established the Supply Chain Association. After that, the Chengdu Municipal Party Committee and Municipal Government successively issued a series of precise support policies, such as investing 50 million yuan in support and Support the development of Chengdu supply chain projects. At the same time, under the initiative of the Logistics Office, the Chengdu Municipal Education Bureau and the Human Resources and Social Security Bureau also jointly established the Supply Chain Industry Steering Committee, with the goal of better achieving the integrated development of talents and industries. From the perspective of financial support for the new development pattern of “dual cycles”, Huang Zhuo also suggested that financial innovation should match the real economy, just as the supply chain needs digital transformation, and finance should also develop digital supply chain finance to realize the supply chain. The goods flow, capital flow and information flow are matched to provide better financing services for these supply chain enterprises. “Last year, the Central Bank issued a framework document for supply chain finance. The goal is to vigorously develop digital supply chain finance. This requires our financial institutions to continuously improve their digital capabilities and provide more effective financial services to the real economy.” Huang Zhuo In conclusion. Daily economic news

5G digital film and television creation cloud platform officially launched

The “5G Digital Film and Television Creation Cloud Platform” covers all aspects of film and television creation, including pre-creative, mid-term shooting, post-production, and distribution derivatives. It is a full-process digital service platform for film and television production, opening up the creation of scene applications and industrial ecology on the digital content cloud. Help Shanghai build a 5G digital film and television innovation application demonstration zone. At present, 5G Digital Film and Television Creation Cloud is accelerating its deployment in the shared space of Pudong International Film and Television Industrial Park. It is expected to be trial-commercialized in the post-production head enterprise project in the second half of the year. It will be opened to the domestic film and television market early next year, which will create a demonstration and leading significance for Pudong. The highland of the digital film and television industry cluster.

Driven by improved quality requirements, changes in computing models, and technical system support, digitization and virtualization technologies are promoting the overall cost reduction and efficiency enhancement of the film and television industry, and it has become an inevitable trend for film and television content production and production to go to the cloud. Cloud-based production is an important and iconic action to promote the digital reengineering of the film industry and improve the overall level of the film industry’s modernization. The production of film and television content on the cloud requires the real integration of the industrialized system of the tool chain on the cloud, and the use of faster and better network, storage, computing and other infrastructures to achieve stronger graphics processing capabilities and smarter auxiliary capabilities, and at the same time Establish an open and safe innovation ecological environment, protect the creative content of film and television creation, and support the development of the ecosystem.

Based on more than 30 years of accumulation in the field of audio and video technology and rich cloud service experience, HUAWEI CLOUD provides infrastructure to meet the requirements of film and television content production, including a high-speed read and write file system, support 4K/8K resolution, 32-bit Cloud workstations with true-color non-destructive display and meeting the requirements of different film and television productions can change and improve the efficiency of film and television production through efficient, agile and open cloud native infrastructure, powerful computing power and flexible storage resources. Mingluo Technology uses the sharing of talents, digital assets, industrial resources, space and equipment to create a film and television cultural and creative ecosystem based on film and television technology as its core services. Shanghai is the birthplace of Chinese film and the highland of cultural industry and film and television content production industry. It is committed to becoming a bridgehead for cultural exchanges and mutual learning between the East and the West, and a bridgehead for Chinese culture to go out. It has the ability to become a benchmark for national film and television production and production. The foundation of the entire industrial chain.

Fang Hongda, General Manager of Shanghai Huawei Cloud, delivered a speech

Fang Hongda, general manager of Shanghai Huawei Cloud, said that in the future, to support continuous innovation in the industry, Huawei Cloud will continue to invest in basic technology research, strengthen the research and development of key root technology capabilities such as digital content modeling, real-time rendering, and virtual production on the cloud to help partners achieve More efficient cloud production will help film production companies realize the entire industry chain “on the cloud” and realize remote collaborative “cloud” production; Huawei Cloud also hopes to continue to cooperate with the Shanghai International Tourism Resort Management Committee and the China Institute of Film Science and Technology , Shanghai Mingluo Film and Television Technology Co., Ltd., and various industry alliances work together to formulate standards for film and television production on the cloud, reshape the production process, release productivity, and drive the industry to develop in a creative-centric direction; at the same time, through the cloud, establish A more open and safe innovative ecological environment to realize the convergence, management and sharing of digital assets, together with partners and all video practitioners, to promote the industrialization of China’s film and television industry.

On June 23, HUAWEI CLOUD TechWave Cloud Native Media Service Special Day will be held online. Shanghai Municipal People’s Government Counselor and National First-Class Director Jiang Haiyang, and Shanghai Mingluo Film Technology Co., Ltd. Chairman Jiang Chuanrong will share cloud technology with film and television. The impact of production, as well as the background and progress of cooperation on the 5G digital film and television creation cloud platform. More cloud-native media service innovative technologies and rich practices will also meet with you, so stay tuned!

EVNHES software of EVNICT won the title of Sao Khue 2019. Hoang Dung/BNEWS/VNA At the meeting between the Steering Committee for Digital Transformation and Technology Application of the Fourth Industrial Revolution in production and business activities of Electricity of Vietnam (EVN) and the company, Chairman Duong Quang Thanh, Member of the Board of Directors, emphasized that Electricity and Information Technology Telecommunications Company (EVNICT) plays the role of the head unit in implementing the Group’s digital transformation and needs to perform well in that role for EVN to become an enterprise. digital industry by 2025. According to Chairman of the Board of Directors Duong Quang Thanh, for each digital transformation task, EVNICT needs to have a specific implementation plan and progress. EVNICT also needs to study and build a shared software structure, evaluate performance and create open features and modules so that users can develop according to their needs. At the same time, continue to complete the shared software in the Group at the request of users. In addition, the company needs to grasp and approach new technologies in the world to advise and propose to apply within the Group to suit the trend of digital transformation. The Chairman of EVN’s Board of Directors also emphasized that EVNICT needs to study and restructure the company’s operating model; consider changing the name and management method to match the development in the new situation. According to EVNICT, there are 67 tasks related to digital transformation of EVNICT which are divided into groups: Capacity building, implementation, governance; ensure information security; building and deploying digital transformation applications; building and deploying digital infrastructure; ensure the quality of service provided. In which, there are very important tasks such as: Building EVN’s Cloud system; setting up a digital platform, implementing integration and data management tools; building shared data and database architecture; select and build application platform architecture (Platform); building the SOC system (information security and safety center) of EVN; employee application (smartEVN); upgrade systems, software EVNHES, IMIS, CMIS… EVNICT is also implementing digital transformation within the company with the goal of improving the quality of user support services in information technology services; Modernize software development processes and methods… In order to successfully implement the digital transformation tasks assigned by EVN, Mr. Nguyen Minh Khiem – Director of EVNICT said that the company has established a Steering Committee, a Digital Transformation Working Group and organized the assignment of tasks to groups. to develop a digital transformation plan in EVNICT roadmap 2021-2022, up to 2025. Accordingly, the Company has prepared human resources and promoted internal communication on digital transformation to each employee. ./.

Customers are using the electricity customer management system built by EVNICT. Hoang Dung/BNEWS/VNA Specifically, the Corporation promotes the application of digital technology to innovate and improve the management and operation process of the power system; Design experiences to attract more and more customers to interact on digital channels, enhance analytics to understand customers. The Corporation also improves processes, optimizes corporate governance, enhances governance and data-driven decision-making; Build a digitally savvy, conscious and skilled workforce. At the same time, build a strong and flexible digital ecosystem, maximize shared services and data, and enhance security. This transformation, according to EVNSPC’s General Director, aims to improve management capacity and efficient exploitation and operation of the power grid; improve the quality of customer service in the field of electricity business. Besides, improving project management capacity in the field of construction investment; improve internal management capacity; improve telecommunications infrastructure capacity, apply digital technology platforms. In order to carry out the set tasks, EVNSPC has developed specific plans and solutions. One of the remarkable solutions being implemented by the Corporation is the successful deployment of interconnected and integrated shared applications of the Electricity of Vietnam (EVN) according to the roadmap, and at the same time studying develop specific software to meet the requirements of sustainable development of EVNSPC. Along with the coordination to complete the overall monitoring system of information technology and telecommunications infrastructure, used exclusively as a capacity building tool for management consulting and administration on the application and development of science and technology in Vietnam. At all levels throughout EVNSPC, the Corporation also ensures information safety and security at all levels, meeting the readiness for the digital transformation roadmap for the period 2021 – 2022./

The annual report shows that in 2020, CITIC Bank invested 6.926 billion yuan in science and technology, an increase of 24.43% year-on-year; the number of science and technology personnel in CITIC Bank has quadrupled in two years to 4190.

With the increasing investment in technology, the achievements of China CITIC Bank’s digital transformation are gradually emerging:

China CITIC Bank and its peers have established a large-scale blockchain cooperation ecology among domestic banks, and the cumulative transaction volume of the blockchain trade finance platform has exceeded 10 billion yuan

China CITIC Bank successfully put into production the first independent distributed core system of domestic medium and large banks-Lingyun Engineering

China CITIC Bank has nearly 800 application scenarios for intelligent robots (RPA), the branch application coverage rate exceeds 80%, and the average business operation efficiency has increased by more than 20%.

On March 15th, Li Qingping, who has a “financial iron lady”, resigned as chairman of China CITIC Bank, and Zhu Hexin, who was the former vice governor of finance, took over. Zhu Hexin is an “old Bank of Communications” with more than 20 years of experience in the financial industry. Under his leadership, CITIC Bank’s layout in the field of financial technology may undergo major changes.

Build a digital CITIC Bank

China CITIC Bank, founded in 1987 and headquartered in Beijing, is one of the nationwide commercial banks. Its total assets exceed 7 trillion yuan and the number of employees is nearly 60,000.

In the “Top 100 Chinese Banking Industry 2020” released by the China Banking Association, CITIC Bank ranked 11th according to the ranking of core Tier 1 capital. In this ranking, China CITIC Bank surpasses China Everbright Bank and is second only to Minsheng Bank.

CITIC Bank, like CITIC Securities, CITIC Construction Investment Securities, CITIC Trust, CITIC Prudential Life and other companies, is one of the subsidiaries of CITIC Group.

In 2020, China CITIC Bank, together with other CITIC Group subsidiaries, provided customers with a combined financing scale of 107.82 billion yuan, a year-on-year increase of 68%, breaking the “one trillion” mark for the first time.

On March 25, China CITIC Bank Co., Ltd. released its 2020 annual performance report. The report shows that China CITIC Bank will achieve revenue of 194.731 billion yuan in 2020, a year-on-year increase of 3.81%.

In recent years, China CITIC Bank has continuously increased its investment in financial technology.

In 2020, CITIC Bank invested nearly 7 billion yuan in technology, an increase of 24% over the previous year, and technology investment accounted for 3.56% of operating income.

As of the end of 2020, CITIC Bank has 4190 scientific and technical personnel (excluding subsidiaries), a year-on-year increase of 31.68%, and CITIC Bank’s scientific and technical personnel accounted for 7.60%.

The number of scientific and technological personnel in CITIC Bank has quadrupled in two years, which is also a supplement to the upcoming larger-scale digital transformation.

At the beginning of this year, China CITIC Bank released a new three-year development plan, proposing to use high-tech as the engine and high-quality development as the theme to strengthen the development of light and intensive.

In order to achieve high-quality development goals, The financial technology structure of China CITIC Bank has been adjusted to “three committees, two departments, and two centers” . Compared with 2019, China CITIC Bank has added a new data management committee to its 2020 annual report.

At the same time, China CITIC Bank also proposed the implementation path of “one reform, two transformations and three challenges”. In response, China CITIC Bank proposed to accelerate digital transformation and light capital transformation.

In terms of ecological scenario layout and corporate cooperation, China CITIC Bank has jointly built more than 5,500 scenarios with hundreds of partners such as UnionPay, Didi, JD.com, etc., serving 5.2 million users and accumulating 390 million capital transactions.

In cooperation with artificial intelligence-related applications, China CITIC Bank has launched cooperation with the three Internet giants of BAT, and other well-known artificial intelligence application technology manufacturers such as Megvii, HKUST Xunfei, Tongdun and Bangsheng, enriching itself in various fields. Artificial intelligence applications on business lines.

CITIC Bank AI combat

Artificial intelligence platform

As early as 2017, the artificial intelligence platform “CITIC Brain” independently developed by China CITIC Bank was fully launched.

In 2018, “CITIC Brain” initially has the ability to provide intelligent services for retail, corporate, custody, and compliance.

In 2020, with the “CITIC Brain” as the main engine, CITIC Bank will build an “AI Model Center” and an “AI Efficiency Center”, implement 307 “AI + data” precision models, and serve more than 10 million customers intelligently in real time.

Among them, wealth management AI intelligent recommendation achieved online sales of 232.65 billion yuan, landing strategic customer equity chain applications, and increasing management assets by more than 52.2 billion yuan.

Intelligent risk control

The 2020 annual report shows that China CITIC Bank has accelerated the practice of intelligent risk control, independently developed real-time intelligent anti-fraud and anti-money laundering systems, with an accuracy rate of 90% for real-time transaction monitoring and interception, and offline risk control screening and intercepting more than 17,000 risk events.

The bank’s credit card center uses big data, machine learning, cloud computing and other intelligent technologies to introduce multi-dimensional new data to enrich customer risk profiles. In 2020, a total of 26 full-process credit risk scoring cards will be iteratively optimized, effectively improving the ability of risk control and precise policy implementation; Through machine learning algorithms, it has achieved a new breakthrough in more efficient and accurate risk decision-making capabilities, and realized a 20% increase in transaction amount.

In 2018, China CITIC Bank and Bangsheng Technology reached a cooperation in the construction of risk control and anti-fraud, and contributed to the upgrade of CITIC Bank’s intelligent real-time risk control system.

In the same year, China CITIC Bank also reached a cooperation with Tongdun Technology. Tongdun Technology provides smart risk control middle-office services for China CITIC Bank Credit Card Center.

Smart marketing

According to the 2020 annual report, China CITIC Bank expanded its new customers by 12,800 new customers by increasing digital marketing and using the chain-based customer acquisition and product customer acquisition model, driving a deposit growth of 53.9 billion yuan.

In addition, CITIC Bank has also actively developed a retail business system, which has boosted the scale of assets by nearly 200 billion yuan, and the AI ​​smart recommendation for wealth management has achieved CITIC Bank’s online sales scale of more than 230 billion yuan.

In 2017, China CITIC Bank cooperated with Suoxinda Holdings, a global financial AI big data and integrated intelligent marketing solution manufacturer, and introduced Suoxinda AI, big data and other leading technologies and end-to-end digital intelligent marketing overall solutions to comprehensively build CITIC Bank Leading digital marketing system.

Smart Customer Service

In October 2018, China CITIC Bank Mobile Banking launched an intelligent voice service product to help visually impaired users experience barrier-free mobile financial services.

With the support of Tencent Cloud’s intelligent voice and semantic understanding technology, China CITIC Bank’s mobile banking intelligent voice service has achieved rapid upgrades.

With the help of intelligent voice technology, CITIC Bank’s customer service robots can meet the needs of scenarios such as question and answer, transfer tasks, account query tasks, financial tasks, small chats, etc., and provide solutions for complex financial transaction scenarios.

In the same year, China CITIC Bank also cooperated with HKUST iFLYTEK in intelligent customer service.

Robo-advisor

CITIC Bank’s robo-advisory product-“Xinzhitou”, on the basis of agency fund sales, integrates technologies such as big data analysis and quantitative financial models.

“Xinzhi Investment” analyzes the customer’s investment pain points from the three stages of pre-investment, investment, and post-investment, and provides customers with a complete set of fund investment solutions based on the customer’s profile and target risk strategy.

Lu Tiangui, the current business director of CITIC Bank, once introduced the three highlights of Xinzhi Investment in 2018:

One is to intelligently match target risks and simulated returns based on the customer’s risk assessment results, and recommend the most suitable product combination. According to reports, Xinzhi Investment has built an intelligent risk assessment model based on multi-dimensional data analysis of more than 2 million customers.

Second, Xinzhi Investment not only has forward-looking market analysis by investment research experts and professional research on underlying products, but also uses big data, investment models, and intelligent algorithms to make up for the lack of human computing power.

Third, the user experience is convenient. CITIC Bank searches for the optimal combination from more than 4,000 funds, and directly pushes the recommended asset allocation combination to users. Users make decisions, purchase with one click, and enjoy follow-up services. Experts continue to track the macro market and Bottom product situation.

Core system

In 2020, China CITIC Bank successfully put into production the first autonomous distributed core system (Lingyun Project) of domestic medium and large banks.

As the first to be put into production in China, the new generation of cloud-based credit card core system with independent intellectual property rights-the new core system of China CITIC Bank Credit Card StarCard, will be the first anniversary of stable operation in 2020.

The data shows that StarCard has successfully carried the operation and management of 110 million accounts. The peak transaction value is as high as 4,500 transactions per second, which is more than three times that of the original system. The average transaction response time is only 36 milliseconds, which is effective for satisfying, membership days, rush to buy, and marketing. Activities, Double Eleven Shopping Festival and other high-frequency trading application scenarios.

At the same time, the bank’s credit card center has steadily promoted the construction of the second phase of the upgrade of the new core system of StarCard, and has completed 30 planned subprojects of the second phase, and implemented “second-level” real-time and intelligent data business scenario services.

Blockchain

The 2020 annual report shows that the China CITIC Bank blockchain platform is the first to pass 5 credible evaluations of the China Academy of Information and Communications Technology at one time. The blockchain forfaiting trading platform has been recognized by the People’s Bank of China and upgraded to a national industry platform.

The blockchain forfaiting trading platform is a large-scale blockchain cooperation ecosystem between domestic banks established by China CITIC Bank and its peers.

At present, the cumulative transaction volume of the blockchain trade finance platform has exceeded 10 billion yuan.

cloud computing

In 2017, China CITIC Bank launched an ecological financial cloud platform. It is understood that the cloud platform is operated by financial institutions, technology companies, professional institutions, regulatory agencies, etc., in accordance with the mechanism of division of labor.

In the 2018 annual report, 53% of CITIC Bank’s applications have been migrated to the cloud platform, and the system deployment efficiency has increased by more than 20%.

In the 2020 annual report, the overall cloudification rate of China CITIC Bank’s infrastructure reached 96.71%, and the infrastructure resources have T+1 day delivery capabilities.

At present, China CITIC Bank pointed out that it has completed the first stage of production of the bank-level data lake, and the basic data platform of “one lake, one database” has been basically completed, and the overall processing performance has increased by more than 50%.

RPA (Intelligent Robot)

In 2019, Daguan Data won the bid for the AI ​​project of CITIC Bank Credit Card Center to provide it with RPA products and technical services.

The 2020 annual report shows that there are nearly 800 application scenarios for CITIC Bank’s intelligent robot (RPA), the branch application coverage rate exceeds 80%, and the average business operation efficiency has increased by more than 20%.

With online processes, mobile approvals, and intelligent customer identification, China CITIC Bank has shortened the time it takes to open public accounts by approximately 30%.

Biometrics

In terms of fingerprint recognition, China CITIC Bank and Lenovo Venture Capital Group’s subsidiary “National Authentication” reached a cooperation in 2018 to deploy a fingerprint login function module in the new version of mobile banking 4.0. Users only need to turn on the fingerprint login function to experience extreme speed Easy and quick to log in.

In the direction of face recognition, China CITIC Bank applied Megvii Technology’s face core product in 2018.

mobile bank

In the construction of mobile banking, China CITIC Bank is speeding up the construction of a multi-application ecological network with mobile banking as the main operating position and small programs as light touch points.

The dual APP of China CITIC Bank’s mobile banking and mobile card space is upgraded to version 7.0, and realizes interconnection; mobile banking APP 7.0 realizes the version switching that changes according to the customer, and on the basis of the popular standard version, it covers overseas finance, the elderly, and private banks. Five characteristic customer groups, small and micro, and foreign, provide personalized and exclusive services.

In the first half of 2020, China CITIC Bank has 10.85 million monthly active mobile banking (MAU) accounts, a year-on-year increase of 17%, and China CITIC Bank’s credit card APP “Moving Card Space” has 13.24 million monthly active users (MAU), an increase of 12% year-on-year.

As of the end of 2020, China CITIC Bank has 26.155 million online monthly active users, of which mobile banking APP transaction amount has increased by 20.66% over the previous year, and the replacement rate of e-banking transactions has reached 99.54%.

In terms of channel co-building, China CITIC Bank has also continued to strengthen online service integration. The mobile banking APP successfully launched the online business hall services of CITIC Securities and China Securities Construction Investment Securities, and jointly launched the CITIC Academy function with CITIC Publishing Group.

President Fang Heying: Build a first-class technology-based bank

At present, the senior management organization structure of China CITIC Bank presents a pattern of six presidents with “one director and five associates”.

On the evening of March 15, Li Qingping, the former chairman of China CITIC Bank, handed in her resignation. At the same time, the board of directors has elected the chairman of CITIC Group Zhu Hexin as the chairman of the bank, and the president of China CITIC Bank Fang Heying as the vice chairman.

Among them, President Fang Heying is a 25-year veteran of China CITIC Bank.

Since 1996, Fang Heying has worked at China CITIC Bank, where he has served as the bank’s financial market business director, Hangzhou branch president, and Suzhou branch president.

Now 55, he addressed the shareholders on behalf of China CITIC Bank in the 2020 China CITIC Bank Annual Report just released.

Looking forward to the next three years, Fang Heying stated in the annual report president’s speech that he will continue to increase investment in science and technology. Accelerate the digital transformation and build China CITIC Bank into a “first-class technology bank” , Through the same direction of technology and business, to drive more innovation and bring about greater changes.

At the level of financial technology, Lv Tiangui, the business director of CITIC Bank and the proposed vice president, also said in response to a question from a reporter from the Economic Information Daily that the goal of CITIC Bank is to build two major platforms in technology and data within three to five years. “Support and promote the transformation of the bank’s operation and management from informatization and digitization to intelligence, forming an agile + intelligent innovation system, and becoming a first-class technology-driven bank.”

Lu Tiangui also said that digital transformation has now been upgraded to a bank-wide strategy to promote the entire process of systematic changes from technology application, model innovation, process reengineering to organizational remodeling, and promote the improvement of the bank’s governance system and the improvement of governance capabilities.

To respond well to this trend but still ensure system safety, the banking industry has made great efforts by applying a series of new technologies such as e-wallets, eKYC, multi-platform digital services, etc. Electronic Customer Identification (eKYC) The online transaction process cannot be perfect if the customer still needs to go to the transaction office to carry out the account opening procedure. Therefore, eKYC (Electronic Customer Identification) is considered a must-have piece in the digital banking picture. Pioneering this application of technology, with the new generation BIDV SmartBanking, customers can complete all registration steps at home, through BIDV’s eKYC system. Users only need to take a photo of their identification, a photo of their face, and the system will check the valid information and open an account for customers to use banking services immediately. BIDV representative – Ms. Nguyen Thi Quynh Giao – Deputy General Director in charge of Retail Banking said: eKYC is a new step in BIDV’s comprehensive digitalization strategy when investing in digital channels, digital processes as well as digital products. This development is also a testament to BIDV’s efforts to better serve customers and bring more convenient digital products. “. In just 2 months since its implementation, BIDV has recorded nearly 200,000 successful registrations via eKYC on SmartBanking. eKYC is an important step in the bank’s digitalization strategy. Cross-platform trading, following individual needs In the increasingly busy life cycle, problems such as remembering passwords, switching transaction devices, balancing revenues and expenditures, etc. also become a nuisance for many customers. Grasping that mindset, many banks are improving their services to offer effective support solutions. In the case of BIDV SmartBanking, this digital bank has expanded the application to include phones, computers, smart watches, smart keyboards, etc., helping users to make transactions anytime, anywhere. through personal devices and at the most convenient time and space. In particular, these devices use uniformly only 1 account name, 1 password for each user, minimizing inconvenience for customers. BIDV SmartBanking has also just launched a new function that allows customers to set up a revenue and expenditure plan (planning revenues, proportioning expenses for living, shopping, saving …) and closely reporting the implementation process. present. This function touches the practical needs of many young customers. Having an overview of expenses will help users monitor their personal finances, thereby balancing money sources, cutting unnecessary expenses, easily accumulating and responding to risks. risk in life. Currently, on mobile application stores, there are also some similar revenue and expenditure management support software, but most of you will have to enter information completely manually and pay to use it, not automatically and built-in on mobile devices. banking applications such as BIDV SmartBanking. Convenient banking applications such as BIDV SmartBanking allow unified login on all devices (Mobile, Laptop, PC, Apple Watch…). Electronic wallet According to a report by IDC, Vietnam has an e-wallet growth rate of 67% in the 2017-2022 period, ranking third in the Asia Pacific region, just behind China and South Korea. According to this report, the demand for e-wallets will continue to increase due to the impact of the Covid-19 epidemic along with the increasingly strong influence of the Millennials (those born after 1980 to early 2000) and GenZ (those born after 2000) (source). This demand poses a great challenge and is also a rare opportunity for financial institutions to race to break through the rankings. According to a share from BIDV, this banking giant is aiming to create a large-scale service ecosystem for BIDV SmartBanking users. Thanks to that, BIDV SmartBanking customers will be able to use all functions of e-wallets and banking services such as money transfer, savings, loan repayment… on the same application. To develop this ecosystem, BIDV has promoted links with financial institutions, signed cooperation agreements with more than 1,000 suppliers and 32/43 Fintech companies in Vietnam to provide more than 2,000 payment services on e-wallets. and continue to expand the ecosystem in the near future. Through the above examples, it can be seen that in the context of the pandemic, banks are actively turning ‘danger’ into ‘opportunity’, changing the form of product and service provision to catch up with the trend and dominate the market. New markets, new habits, new behaviors. This not only brings benefits to customers, but also promises to help Vietnam’s financial system move closer to global digital technology.

Apple is expanding Facetime On the way to the digital campfire

Status: 08.06.2021 7:46 p.m.

Apple renews its Facetime app. The group is not only reacting to competition from providers such as Zoom, but is also opening up to Windows and Android devices. From Marcus Schuler, ARD studio Los Angeles Apple is slowly opening up to Android and Windows devices with its video chat service Facetime. It’s almost a small revolution – at least by Apple standards. Software boss Craig Federighi sold the news as follows: “Not only Apple devices can do something with the Facetime link. Users with Android or Windows can also open it directly in their browser and take part in the chat.” So far, Apple has struggled when it came to opening up core functionalities on its iPhone or desktop computers. But the popularity of video chat services like Zoom has exploded in the Corona crisis. Apple reacts precisely to this development and has given its Facetime app a fundamental facelift.

Competition for Zoom

From there, you can send links to friends with Android phones or Windows computers in order to meet with them in the Facetime chat. Marc Gurman, an analyst at the Bloomberg business service, says Apple is primarily competing with Zoom. Among other things, with scheduling and improved sound and picture quality. The new Facetime app is supposed to deliver a bit of a digital campfire. With the help of the app, you will be able to listen to music and watch videos together in the future without interrupting the chat. It should be possible to watch programs together with friends. Ambient noises should be better suppressed in the chat app. There will also be a portrait mode that blurs the background.

More control and more data protection as an issue

The second big innovation on Apple’s smartphones concerns the notification functions. They give users more control over how and when they want to be disturbed or undisturbed. “There are new features with which you can adapt the notifications to different activities. For example, while you are working or want to be undisturbed,” says analyst Gurman. Data protection and privacy have been playing an increasingly important role at Apple for the past three years. The Californian company is trying to sharpen its profile in order to differentiate itself more strongly from its competitor Google and its Android system. So-called tracking pixels are now blocked in the Group’s mail app. Advertisers and marketing people are likely to be annoyed with Apple again. You can no longer check whether and where an e-mail has been opened.

Introduce the concept of digital government for the first time Digital government is essentially e-government, with changes in approach and implementation thanks to the development of digital technology. Therefore, when we say that developing digital government means developing e-government, digital government includes e-government. Illustration E-Government, in simple terms, is the “four Nos”, capable of meeting face-to-face, processing paperless documents, handling contactless administrative procedures and making non-cash payments. Digital government is e-government, adding “four Yess”, having all safe actions in the digital environment, being able to provide new services quickly, having the ability to use resources optimally, and being able to ability to create development, lead the country’s digital transformation, effectively solve major problems in socio-economic development and management. The strategic vision is to raise a high flag The vision is that Vietnam has a high level of e-government and digital government development index in the world, belongs to the top 50 leading countries by 2025, and belongs to the top 30 countries by 2030 according to the ranking of the World Bank. United Nations. Raise a high flag, which means a big mission and goal, to gather forces and attract talents both at home and abroad to join. When Vietnamese people join hands and unite, difficulties and challenges will become smaller. For the first time, localities will develop plans to secure annual funding from the state budget for digital government, striving for a higher spending rate than the world average. Countries currently spend about 1-2% of total state budget spending on digital government, in particular, some countries such as Singapore and South Korea spend a higher percentage. Strategic thinking is fast action In the fourth industrial revolution, countries that pioneer, go ahead and act quickly will have the opportunity to develop breakthroughs. In other words, in the digital age, it is not the big fish that eat the small fish, but the fast fish that swallow the slow fish. The strategy sets out the basic goal of completing e-government development targets by 2021 and forming a digital government by 2025. Breakthrough solution is to use open platform and orientation The digital platform is identified as a breakthrough solution to promote faster digital government development, reduce costs, and increase efficiency. The platform was created by excellent digital technology businesses, allowing agencies, organizations and individuals to use it as a service instead of having to invest and operate it themselves. Open orientation for people, businesses and other organizations to appropriately participate in the activities of state agencies, interact with state agencies to jointly enhance transparency, improve service quality, and solve problems and jointly create value for society. Not only serving people, businesses and society As before, usually, developing e-government sets the goal of better serving people, businesses and society. This strategy also aims to equip working tools so that cadres, civil servants and public employees can best perform their tasks, that is, virtual assistants or platforms for working and collaborating on the environment. number.

The decision clearly states, developing a digital government that has all safe operations in the digital environment, has a redesigned operating model and operates based on data and digital technology, to be able to provide services. better service, make more timely decisions, issue better policies, use resources more optimally, create development, lead the country’s digital transformation, effectively solve major problems in the world. socio-economic development and management. Develop a comprehensive and comprehensive digital government, promote the achieved results, focus resources, mobilize the participation of the whole political system, have solutions and ways to do breakthroughs and differences. , to basically complete the e-Government development targets by 2021 and form a digital government by 2025. Open orientation for people, businesses and other organizations to appropriately participate in the activities of state agencies, interact with state agencies to jointly enhance transparency, improve service quality, and solve problems and jointly create value for society. Data is the new resource. State agencies open data and provide open data for the development of digital government, digital economy and digital society. State agencies connect and share data so that people only have to declare and provide data once to state agencies and essential public service providers. Platforms are breakthrough solutions. Combining centralized and distributed deployment model, complying with Vietnam E-Government Architecture Framework and Architecture of ministries, branches and localities. Developing platforms in the direction of providing synchronous and smooth services at administrative levels so that they can be used anywhere. National platforms, applications and services must be made first, done well, centralized. The domestic market nurtures and develops digital technology products Make in Vietnam, thereby reaching out to the region and the world. The Government actively coordinates, plans and implements market-oriented and market-creating activities with the dual goals of developing the digital government and developing Vietnam’s digital technology enterprises. Diversifying in scale, aiming to master and develop core technologies and open platforms for Digital Government, forming an ecosystem of Make in Vietnam applications and services. Belonging to the top 30 countries according to the ranking of the United Nations Regarding the vision to 2030, the Decision clearly states: Vietnam has a high level of development index of e-Government and digital government in the world, among the top 30 countries ranked by the United Nations. Developing digital government requires a breakthrough and different way of doing things. Digital government transforms the way to serve people and businesses, reducing costs, increasing business productivity, creating facilitation, bringing people’s satisfaction, so that people and businesses can participate more in activities. action of state agencies to jointly create values, benefits, satisfaction, trust and social consensus. The digital government transforms the organization, operation, working environment and working tools so that officials, civil servants and public employees can best perform their tasks. Targets to 2025, for the provision of quality services to serve society: State agencies to reduce, restructure, simplify, standardize and unify administrative procedures in service of society across the country. nationwide scope. State agencies provide new services on the principle of ensuring service quality, reducing costs, and increasing social labor productivity in a proactive and timely manner to meet the needs of society. People and businesses can use digital services according to their personalized needs, throughout their lives, when needed, in a convenient way, online or in person, easily, simply, quickly, and without paper. , no presence is required unless required by law. Some basic criteria include: 100% of administrative procedures eligible under the law are provided in the form of online public services level 4. 100% of online public services are designed, redesigned to optimize the user experience, when used, are pre-filled with data that the user has provided previously under the agreement, in accordance with quality standards service. 100% of people and businesses using online public services are identified and authenticated smoothly, unified on all systems of government levels from central to local. At least 80% of administrative records are processed completely online, people only have to enter data once; at least 90% of people and businesses are satisfied with the handling of administrative procedures; at least 20% of administrative procedures of state agencies will be reduced compared to the current one. 100% state agencies provide 24/7 service For the goal of optimal operation of state agencies’ activities, some basic criteria include: 100% of state agencies provide 24/7 service, ready to serve online at any time. people and businesses need. 100% of civil servants are assigned digital identifiers in job processing. 100% of the direction, administration and internal governance of state agencies are carried out on the basis of overall and unified governance. 100% of documents exchanged between state agencies are carried out in electronic form, digitally signed by specialized digital signatures, except for confidential documents as prescribed by law. 90% of work records at ministerial and provincial levels; 80% of work records at the district level and 60% of work records at the commune level are processed on the internet (except for work records that are state secret). 100% of the reporting work is done on the national reporting information system. 100% of records are created, kept and shared electronically according to regulations. 100% of state agencies at ministerial and provincial levels have a centralized analysis and data processing platform, and application of artificial intelligence to optimize operations. At least 50% of supervision and inspection activities of the management agency are carried out through the digital environment and the information system of the management agency. At least 70% of the contents of the training program, entrance exam, state management promotion exam to the rank of specialist, main specialist, senior specialist or equivalent shall be conducted online. 100% of cadres, civil servants and public employees are trained, fostered and universalized basic digital skills; 50% of cadres, civil servants and public employees are trained and fostered skills in analysis, data mining and digital technology. In addition to specific objectives and targets and tasks of ministries and local branches, the Decision also mentions key national tasks, including: Improving the legal environment; digital infrastructure development; develop digital platforms and national scale systems; develop national digital data; development of national applications and services; ensure the safety and security of the national network.

Tian Huiyu attaches great importance to the development of financial technology. In the more than 2,000 words of the “President’s Address” in the China Merchants Bank’s 2019 annual report, he mentioned a total of 6 “technology”, 9 “transformation”, and 14 “digitalization”.

Since taking office in 2013, Tian Huiyu has been pushing China Merchants Bank to “run wildly” on the road of technology.

“We have made a clear-cut proposal to build a financial technology bank, and take the exploration of digital business models as the main direction of the second half of the transformation.” Tian Huiyu said in the 2019 annual report.

Thanks to the efforts of Tian Huiyu and other people from China Merchants Bank, China Merchants Bank’s “technological strength” has been at the forefront of the industry.

• At the end of 2019, CMB’s investment in information technology was 9.361 billion yuan, an increase of 43.97% year-on-year, which was 3.72% of the company’s operating income; in 2020, CMB’s investment in information technology reached 12 billion yuan
• In December 2020, China Merchants Bank and JD.com jointly won the second direct banking license in China. China Merchants Topology Bank will fully adopt an online business model and explore new forms of banking in the future
• As of January 10, 2021, the CMB App has accumulated 145 million users and 60.25 million monthly active users

The emergence of the epidemic will bring more complicated situations and tests to banks in 2020, and China Merchants Bank’s performance last year was relatively stable. According to the performance bulletin published on January 14, China Merchants Bank achieved operating income of 290.508 billion yuan in 2020, an increase of 20.805 billion yuan, or 7.71%, over the same period last year.

Recently, Tian Huiyu also said in an interview with a reporter from the Financial Times that the epidemic has isolated physical contact between people, but thanks to a higher level of digital service system, the relationship between China Merchants Bank and its customers has become closer. It also strengthened China Merchants Bank’s determination to promote digital transformation.

Create “Digital Merchants Bank”

China Merchants Bank, founded in 1987 and headquartered in Shenzhen, China, is the first joint-stock commercial bank in China that is wholly owned by a corporate legal person.

China Merchants Bank adheres to the strategic direction of “light banking” and the strategic positioning of “one body and two wings”.

“Light Bank” The strategic direction of China Merchants Bank requires light management, light assets, light business model, etc. For example, light management refers to a light organization structure, which is manifested in the head office and branches going hand in hand; light asset refers to less asset consumption and more controllable risks. At present, China Merchants Bank and ICBC have joined the ranks of light banks. In its annual report, China Merchants Bank pointed out that it is necessary to closely focus on the transformation direction of “light banking” and strive to achieve a breakthrough in the qualitative change of financial technology banks.

At the same time, China Merchants Bank also insisted “One body and two wings” Strategic positioning, Retail “One” takes MAU as “North Star” (North Star is the most important direction, and all indicators serve this indicator) , Wholesale “Two Wings” take specialization as the direction, focus on building wholesale business systemization capabilities, and accelerate the advancement of digital transformation.

With MAU as the most important indicator, the number of APP users of China Merchants Bank continues to rise. At the end of 2019, the cumulative number of CMB App users exceeded 100 million; in mid-2020, the cumulative number of CMB App users reached 129 million; as of January 10, 2021, the cumulative number of CMB App users had reached 145 million. The number of active users is 60.25 million.

China Merchants Bank also directly pointed out that it must pass Benchmarking financial technology companies , Vigorously carry out the construction of financial technology banks, use financial technology as the nuclear power of transformation and development, and fully empower business development .

Currently, China Merchants Bank has built three software centers in Shenzhen, Hangzhou, and Chengdu, and two data centers in Shenzhen and Shanghai to support the business development of the entire bank.

China Merchants Bank’s “AI Actual Combat”

Digital risk control

China Merchants Bank’s intelligent risk control platform “Libra System” covers online and offline transaction channels, and can intercept telecom fraud in real time.

As of the end of 2019, the “Libra System” can intercept suspected fraudulent transactions within 30 milliseconds, reduce the proportion of counterfeit and embezzled amounts of non-cardholders to five ten million, and help customers intercept 27,900 telecommunications fraud transactions. The interception amounted to 493 million yuan, which provided a strong guarantee for the safety of customer funds.

As of mid-2020, China Merchants Bank has reached 75.60% of the early warning accuracy of potential risky corporate customers; it has helped customers intercept 80,000 telecommunications fraud transactions, with an intercepted amount of more than 1.8 billion yuan, which provides a strong guarantee for the safety of customer funds.

Now, the intelligent risk control platform “Libra System” can intercept most suspected fraudulent transactions within 20 milliseconds, reducing the proportion of counterfeit and embezzled amounts by non-cardholders to six ten millionths.

In addition, in terms of external cooperation, China Merchants Bank is also actively cooperating with digital technology companies such as Huawei, Tencent, and Suoxinda.

According to an article published on Huawei’s official website in 2018, after the China Merchants Bank credit card unified risk control platform based on Huawei’s FusionInsight big data solution was launched, the number of risk cases was reduced by 50%, and the loss in half a year was reduced by more than 100 million yuan. The credit card issuance time has been reduced from about 15 days. Shorten it to 5 minutes.

In November 2017, Tencent and China Merchants Bank formally signed a cooperation agreement to reach a cooperation in the field of financial big data anti-fraud: Tencent Financial Cloud and Tencent Security Anti-fraud Laboratory opened up anti-fraud capabilities to China Merchants Bank through AI technology to help China Merchants Bank Better identify fraud in financial services and jointly build a financial security ecosystem.

According to news in April 2020, Tencent and China Merchants Bank jointly launched the “Lingshield Plan” to create a new model of anti-fraud through technology.

Digital marketing

In the field of intelligent marketing, the characteristics of China Merchants Bank are personalized recommendation, precise identification and electronic channel construction.

Beginning in 2015, China Merchants Bank has cooperated with Suoxinda Holdings, a global financial AI big data and integrated intelligent marketing solution manufacturer, from the customer group marketing stage 1.0, to the personalized marketing stage 2.0, to the real-time marketing 3.0 stage, to AI Marketing 4.0 stage, comprehensively build China Merchants Bank’s leading digital smart marketing system. It is reported that through the generation of 1,726 customer portrait tags for retail customers, the number of marketing customer contacts has increased by 6.56 times, the marketing success rate has reached 17.42%, and the personalized recommendation of “thousands of people” has begun.

Digital Customer Service

In 2016, under the technological wave of AI + big data, China Merchants Bank’s credit card service started the application of intelligent services with the palm life app as the core, from AR customer service, to AI-core intelligent customer service, and then to small recruitment assistants. Every new technology exploration and application has brought users a better interactive experience, and has become a more personalized and portable intelligent assistant for users step by step.

At present, the “Xiao Zhao Miao Smart Assistant” launched by CMB Credit Card on the Pocket Life App uses AI technologies such as voice conversion and semantic recognition to perform intelligent intent analysis of natural language, making the service “visible” and “heard” “. At the same time, the intelligent voice navigation function is implanted in the telephone voice IVR, the recognition accuracy rate reaches 94%, and the interaction volume is nearly 80,000. In addition to voice recognition technology, face recognition has also been used in the image, which greatly shortens the security authentication time.

In 2020, an interim report issued by China Merchants Bank pointed out that the automatic response accuracy rate of China Merchants Bank’s intelligent customer service reached 96.7%.

Digital investment advisory

In 2016, China Merchants Bank launched a robo-advisory service-“Capricorn Intelligent Investment”, which is also the first domestic commercial bank to launch robo-advisory services.

“Capricorn Smart Investment” mainly uses machine learning algorithms to incorporate more than ten years of wealth management experience of China Merchants Bank, and builds an asset allocation portfolio based on public funds, so as to achieve the purpose of diversifying investment risks with investors.

In 2018 alone, the cumulative sales scale of CMB Capricorn Smart Investment reached 12.233 billion.

Digital Middle Office

In the 2019 annual report, China Merchants Bank pointed out that it will build a unified digital middle-station for enterprises-China Merchants Bank’s open platform, explore the transformation of business models supported by standardized and modular services, and quickly respond to customer needs.

Prior to this, Leifeng.com (Public Account: Leifeng.com) had reported on China Merchants Bank’s data center in detail. For example, China Merchants Bank has built a middle-office system for customer acquisition and operation across the entire chain, such as the Rubik’s Cube activity operating platform and the red envelope platform. Like the Rubik’s Cube event platform, branches can quickly configure an online event within 5 minutes and reach target users through the China Merchants Bank App.

China Merchants Bank also proposed Strengthen the construction of data center and promote data connection. Strengthen data governance, improve the convenience and ease of use of data, build a data application tool platform, and lower the threshold of data application. Promote the integration and opening of the system, open up the work flow and information flow of each system, and realize one entrance to the whole line. Decoupling the system with open thinking, micro-service and productization of functional modules, Precipitate various general capabilities as the middle stage of the system.

The 2020 Interim Report of China Merchants Bank pointed out that China Merchants Bank will accelerate the iterative development of its customer relationship management system (CRM), and use the CRM system as a medium- and Taiwan-based capability precipitation carrier to form a customer information center, information case center, business processing center, marketing support center and a series of scenarios. Five core functions such as the team building center.

The CRM4.0 system is a key platform for the transformation of the “China Merchants Bank” financial business model. It is a smart marketing platform and a digital operation platform based on the business system, as well as a customer service system and a customer manager management system platform.

smart robot

China Merchants Bank relies on big data and artificial intelligence to create intelligent service robots, traffic distribution decision-making robots, intelligent agent assistant robots, service analysis robots, quality inspection robots, etc., covering user insights, traffic distribution, service interaction, demand re-excavation, management improvement, etc. Five modules, and moved the call center to the Pocket Life App to provide users with audio-visual multimedia interactive services, which has achieved the upgrade of service efficiency and user experience.

In June 2020, Tian Huiyu pointed out that China Merchants Bank relies on big data and artificial intelligence to create a large number of intelligent service robots. The cost of robots used for retail credit collection is 1/10 of labor, and the output is 9 times that of labor. The above is to increase production capacity.

RPA (Robot Process Automation)

As of October 2020, the financial industry accounted for the highest proportion of domestic RPA companies at 54.55%, of which 77.78% of financial institutions are banks. Among them, Shanghai Pudong Development Bank and China Merchants Bank were the first banks to use RPA. They were the first to introduce RPA technology in the domestic financial industry in 2016 and 2017, respectively, in order to improve the level of operation automation. The effect is very impressive.

In December 2018, China Merchants Bank used intelligent robots to participate in business processing in the new version of its online custody banking system, which was the first to realize the application of RPA technology in the asset custody field.

In 2020, China Merchants Bank has innovatively integrated the RPA shared pool technology on the basis of the original CBS7.0 platform, and launched CBS-RPA, which can quickly help companies build a complete treasury management system, build a comprehensive treasury management system, and solve treasury management Problems and perplexities. The product became very popular after it was launched, and it has been successfully launched in nearly ten large group companies across the country within only half a year of its launch.

In the 2020 interim report, China Merchants Bank pointed out that it applied RPA, OCR and NLP (natural language processing) and other financial technology technologies in 24 middle and back-office scenarios including verification, entry, and consulting. During the reporting period, the number of alternative businesses reached 11.64 million. .

Tian Huiyu, President of China Merchants Bank, said: RPA uses machines to replace simple outsourcing, which saves a lot of costs.

cloud computing

At the end of 2019, the total number of X86 server deployments of China Merchants Bank increased by 60.67% year-on-year. The new generation of PaaS (Platform as a Service) platform expanded its use, and the proportion of applications on the cloud in the bank reached 44%.

At the same time, China Merchants Bank continues to enhance its open banking capabilities. The “Open API Platform” for unified external services across the bank supports the safe and fast output of APIs, serving financial payment, AI, smart parking, smart medical and other scenarios, and empowering 629 cooperative enterprises. In terms of big data + AI, the big data cloud platform was upgraded, the overall capacity of the data lake was increased to 9.8PB, and the data entering the lake increased by 68% year-on-year.

Based on the integration of internal and external data, China Merchants Bank has increased the research and application of AI technology, built three AI cloud services of intelligent customer service, risk public opinion, and computer vision, and launched three major AI solutions for knowledge management, digital marketing, and risk management to support business The development of intelligence.

The 2020 mid-term report pointed out that China Merchants Bank will establish a large-scale digital infrastructure based on cloud computing technology, promote the construction of a native cloud that is more convenient for rapid construction, expansion, openness and iteration of systems and applications, and support the safe access of new applications from the head office and branches to the cloud .

As of mid-2020, China Merchants Bank has 4,015 native cloud servers, an increase of 100% over the end of the previous year; the scale of native cloud storage is 29.18PB, an increase of 92% over the end of the previous year; the number of native cloud containers is 69,080, an increase of 121% over the end of the previous year.

database

On November 27, 2017, China Merchants Bank and Huawei established a joint innovation laboratory for distributed databases to jointly develop independent and controllable financial-grade distributed database products.

In this joint creation project, China Merchants Bank mainly does three things: first, to provide advanced financial business scenarios; second, based on so many years of advanced experience in database use and operation and maintenance of China Merchants Bank, it proposes a solution for the joint creation of distributed databases. Specific requirements; third, for the key components of the Lianchuang database, such as the kernel and high-availability architecture, deeply participate in the entire link from design, coding, testing to final production. Huawei, on the other hand, has a large amount of technology accumulation in the database field, and is mainly responsible for the realization of product development and the promotion of future marketization.

After initial contact and cooperation, China Merchants Bank and Huawei conducted a pilot database application in 2018.

In the 2019 annual report, China Merchants Bank pointed out the establishment of the Kunpeng Computing Joint Innovation Laboratory and the Load Balancing Joint Innovation Laboratory to accelerate the implementation of the research results of the distributed database joint innovation laboratory.

Biometrics

As the leading brand of commercial banks, China Merchants Bank focuses on internal risk control and payment security, combined with cutting-edge technologies such as big data, cloud computing, and artificial intelligence, and continuously upgrades the risk control system, creates smart risk control, and creates convenience and efficiency for consumers. Safe and assured customer experience.

In order to strengthen the bank’s internal security management, increase the efficiency of the banking system’s authorization, and enhance the counter business risk prevention capabilities, China Merchants Bank introduced the fingerprint recognition algorithm and smart terminals of Eyes Technology as early as 2009, which were applied to the counters and smart branches of China Merchants Bank. And in mobile marketing, it has realized intelligent risk control and cost reduction and efficiency enhancement, helping China Merchants Bank to provide consumers with intelligent, convenient and safe financial services with user experience as the core, and add to the good life of users.

Blockchain

As early as 2018, China Merchants Bank issued the country’s first financial industry blockchain electronic invoice.

At the end of 2019, China Merchants Bank improved and developed the standard branch chain and BaaS (blockchain as a service) platform ecology, with a total of 25 applications.

In the 2020 mid-term report, China Merchants Bank pointed out that it is improving and developing the open permission chain and blockchain as a service (BaaS) platform. It has been developing the continuous application of blockchain and business integration in scenarios such as supply chain finance and merchant fund clearing. explore.

Online payment

In the 2019 annual report, China Merchants Bank pointed out that it will realize ecological operation with the industrial Internet as the key link. Focusing on the three major directions of account and payment system digitization, digital financing, and financial technology capability output, the industry chain is opened up, and the unified payment and settlement system is innovated to realize the collection and settlement function and the internal account settlement mode of the B2B platform.

At the end of 2019, China Merchants Bank’s comprehensive settlement solution “Cloud Bills” has provided services to 5,766 corporate customers, with a transaction volume of 287.271 billion yuan; the aggregate collection business focuses on insurance, medicine, education, and FMCG four scenarios, and the number of transactions Reached 502 million transactions, with a transaction value of 146.647 billion yuan, a year-on-year increase of 267.51%.

The “Three Times” of China Merchants Bank

China Merchants Bank started from Shekou, Shenzhen, and has been crowned as the “King of Retailing” in the banking industry for 40 years of ups and downs. Along the way, it is inseparable from the three presidents’ keen insight into market changes and their strong courage to actively reform.

Wang Shizhen He was the first president of China Merchants Bank and served for 14 years. Under his leadership, China Merchants Bank evolved from a wholly-owned bank of China Merchants into a standard joint-stock commercial bank, and gradually got rid of the restrictions of regional banks, and basically formed a national commercial bank. Pattern.

Wang Shizhen and other leaders also made the decision to quickly establish a computer system for China Merchants Bank, and set a clear mid-term goal: to complete the computerization of basic business processing within three years, and to complete the computerization of all business processing within five years. This has laid a good foundation for China Merchants Bank to carry out digital transformation in the future.

Year 1999, Ma Weihua He took over as the president of China Merchants Bank and fully started the construction of China Merchants Bank’s online banking after taking office, becoming the first commercial bank in China with online financial services. The opening of China Merchants Bank’s online banking became the starting point for its retail business.

In 2010, after realizing that the profit growth achieved by large-scale capital consumption and profit margins in the past was difficult to sustain, Ma Weihua led China Merchants Bank to implement the goals of reducing capital consumption, increasing loan pricing, and controlling financial costs. “Secondary transformation”. Like Wang Shizhen, Ma Weihua has also been at the helm of China Merchants Bank for 14 years.

year 2013, Tian Huiyu Taking over as the president of China Merchants Bank, China Merchants Bank has ushered in a new era in which it is fully embarking on the road of “finan-tech banking”.

Under the leadership of Tian Huiyu, China Merchants Bank proposed “mobile first” in 2015, consciously using APP as its main business position.

In 2016, China Merchants Bank mentioned fintech in its annual report for the first time, proposing that the bank’s “premature power” must be used to advance its fintech strategy, and in its 17-year report, it proposed to be a “finan-tech bank”.

Under the leadership of Tian Huiyu and other leaders of China Merchants Bank, at the end of 2019, China Merchants Bank invested 9.361 billion yuan in information technology, a year-on-year increase of 43.97%, which is 3.72% of the company’s operating income.

China Merchants Bank attaches great importance to science and technology investment, and its investment in information technology has far exceeded that of most banks over the years. Public information shows that the annual financial technology budget of China Merchants Bank is determined at 3.5% of the previous year’s revenue.

Recently, Tian Huiyu said in an interview that China Merchants Bank’s investment in information technology has reached 12 billion yuan in 2020. Based on this figure, Leifeng.com calculates that China Merchants Bank’s IT investment will account for more than 4% of the company’s operating income in 2020.

This is the first time the Government has introduced the concept of Digital Government. Accordingly, digital government is essentially e-government, with changes in approach and implementation thanks to the development of digital technology. “Solving administrative procedures without contact” is one of the four criteria of e-Government. Photo: VGP. The strategy clearly states that by 2030, Vietnam is in the group of 30 leading countries in the development index of e-government and digital government according to the United Nations ranking. Digital government will transform the way people and businesses are served. From there, it helps to reduce costs, increase the productivity of businesses, create favorable conditions, and bring satisfaction to people. The ultimate goal is for people and businesses to participate more in the activities of state agencies, jointly creating values, benefits, satisfaction, trust and social consensus. The digital government also transforms the way it is organised, operated, working environment and tools so that cadres, civil servants and public employees can best perform their duties. For each stage, specific goals are set with basic targets. By 2025, the strategy sets five goals including providing quality services to serve society; widely mobilize the participation of society; optimal operation of state agencies’ activities; effectively solve major problems in socio-economic development, and make breakthrough changes in national ranking. Regarding the national key tasks, the strategy clearly states 6 tasks including: Perfecting the legal environment, developing digital infrastructure; develop digital platforms and national scale systems; develop national digital data; development of national applications and services; ensure the safety and security of the national network. These six tasks are also the key tasks of ministries, branches and localities to implement within their respective sectors, domains and localities. The strategy clearly states 10 solutions for implementation, including solutions on: Organization, apparatus, network; training and fostering digital skills; propaganda, dissemination and awareness raising; cooperation between state agencies and enterprises; researching, developing and mastering core technologies; standardization and restructuring of business processes; international cooperation… According to Minister of Information and Communications Nguyen Manh Hung, e-Government targets will be basically completed in 2021, with a focus on level 4 online public services reaching 100%. The digital government will be formed in 2025. Accordingly, government services are provided automatically 24/7 according to demand, new public services are provided in a timely manner and on the basis of open data. Digital government is essentially e-government, with changes in approach and implementation thanks to the development of digital technology. Therefore, when we say that developing digital government means developing e-government, digital government includes e-government. E-Government, simply understood, is the “four Nos”, including the ability to meet face-to-face, process paperless documents, handle contactless administrative procedures and make non-cash payments. Digital government is e-government, adding “four Yess”, having all safe actions in the digital environment, being able to provide new services quickly, having the ability to use resources optimally, and being able to ability to create development, lead the country’s digital transformation, effectively solve major problems in socio-economic development and management.

LTS: Working at the first newspaper to charge readers in Vietnam, journalist Tran Tien Duan, Editor-in-Chief of VietnamPlus e-newspaper said that charging readers is a trend of the world’s press. To collect fees effectively, newsrooms must orient the production of content for paying readers that specialize in specific areas and must make a worthy investment to improve the quality of articles. Big, hot issues are at the forefront. VietNamNet would like to introduce the following article of Mr. For online newspapers, revenue is mainly from advertising and media contracts. However, now, there is a big shift when businesses choose advertising media through social media more instead of advertising on electronic newspapers. The transformation of advertising methods and the reduction of revenue is a really challenging economic problem for newspaper leaders. E-newspapers want to survive and develop, they need to find new forms of journalism economy, in which fee collection can be a solution for electronic newspapers in Vietnam. Editor-in-Chief of VietnamPlus Online Newspaper Tran Tien Duan Fee collection at VietnamPlus e-Newspaper There are many newspapers in the world such as Wall Street Journal, New York Times, Washington Post (USA), Financial Times, The Economist (UK), Svenska Dagbladet and Aftonbladet New Media (Sweden), Folha de São Paulo (Brazil). .. had early success with the digital-based fee model, before the growth of online advertising revenue slowed down and even declined in recent years. In addition, a harsh reality that has emerged in recent years is that up to 75-80% of digital advertising revenue flows into the pockets of two giants Google and Facebook. Because of that, newspapers found that they could no longer depend on advertising revenue, so charging readers really became a trend of the world press. On June 20, 2018, VNA’s online newspaper VietnamPlus became the first and only Vietnamese press agency to collect fees for reading content on digital platforms. Every day, VietnamPlus only distributes about 5-10 fee-based articles, including in-depth analysis articles, exclusive interviews, etc., produced by the newsroom itself, or translated under the franchise of major press units. In the world. Because the quantity of news sold is small, it does not affect the provision of essential information to serve readers and still ensures the principles and orientation of the VNA. VietnamPlus is the national foreign affairs electronic newspaper under the VNA. Therefore, the newspaper has many advantages due to the information system of the VNA and from 90 resident agencies at home and abroad. Therefore, VietnamPlus has more advantages when it comes to building specialized and in-depth content for its premium products, creating “commodity” products of high value and use value. Target a wide audience willing to pay to own that unique article or news. Interface of fee collection page of VietnamPlus newspaper The content that VietnamPlus has been collecting fees for focuses on 4 main areas: Politics – society, world, economy – technology and culture – sport. These articles are analyzed from multiple perspectives, and more importantly, have a lot of exclusive information because they are provided quickly, timely, and attractively by resident correspondents abroad. public interest. Regarding access organization, while The Straits Times and other fee-based online newspapers often put both paid and free content on the same website, Vietnam Plus separates the fee to https: //pay.vietnamplus.vn and free at https://vietnamplus.vn. This is to avoid offending readers who are not used to paying for e-newspapers, but will also affect the ability to cross-promote for subscriptions. In the near future, the newsroom is also planning to change it to allow partial reading, creating an incentive for users to be willing to pay. Taking the first step on a new path, VietnamPlus e-newspaper has constantly learned from the electronic newspaper fee models in the world, researched the information needs of domestic readers to build and develop this model. in your own newspaper. Currently, VietnamPlus uses many strategies to achieve its goals: Periodical newsletters, information on specific topics (politics, economics, culture, science) to attract subscribers to target each audience. customers and targeting each specific customer group on Facebook, Google does not use advertising to bring its posted content to potential new customers. Vietnamplus aims to continue to produce high-quality, long-form content such as mega-story, long-form, and not only restrict the content to economic, financial, strategic, and business secrets, but also open it up. other fields such as technology, sports, entertainment, politics, new trends, forecast information… and collect fees from these articles. Some problems raised in electronic newspaper fee collection In the economic activities of journalism, in order to collect fees effectively, newsrooms must orient the production of content for paying readers to specialize in specific areas and must make worthy investments to improve the quality. posts. Big, hot issues come first, otherwise there would be no reason to convince people to subscribe. Because the readers who can afford to pay are often businesses, researchers, press agencies, people with high income and qualifications, they need information from experts, managers, comment on a topics that are important to them. A newsletter from the VietnamPlus e-newspaper Through polling and surveying the groups and individuals that buy information from VietnamPlus, they found that the news sold has a high content of information, going deep into a field or issue that public opinion and society are interested in. Such news they accept to pay for the source of information they are using. Through this, VietnamPlus also determined, selling news must focus on readers, must find a way to determine what their readers need. Readers will spend money when they really believe that they have valuable, quality sources. And the question is: how can we create many “goods” that are attractive enough to users, making them “pickpocket” to pay? Payers buy high-quality content, not cheap. Readers pay for content because it helps them stay informed and post about issues they care about. And readers appreciate the exclusive content they have access to more than ancillary benefits like promotional giveaways when they sign up. Paid readers send a clear signal that news outlets that want growth cannot cut costs. Acquiring a paid audience requires an investment in high-quality content and a focus on meeting the needs of the audience. It is not easy to convince readers to pay when they are used to free information, so VietnamPlus’s pioneering in this field is also to help readers get used to reading paid newspapers. money. Must-know content turns free readers into paying readers. Informative, insightful, specialized content motivates readers to withdraw, which is the key to retaining readers. It is also about turning the habits of readers into our habits, understandable that when readers accept to pay for an information, it means that it is the act of paying for their own habits. Therefore, VietnamPlus e-newspaper also focuses on the habits of its readers. Habits are the best way to increase engagement. In addition, a difficulty in selling news is due to technology limitations. When it was newly built to collect fees, VietnamPlus’s method was still limited to only using mobile phones from a network operator. Currently, payment gateways have been expanded, allowing a variety of other payment methods such as bank cards, e-wallets, QR codes… VietnamPlus is planning to upgrade the payment system. Moreover, the fact that copyright in Vietnam has been a difficult problem to solve for many years. A good article just published in a certain newspaper will immediately be copied in its entirety. If a newspaper has a lock on its special articles and only provides them to paying readers, it is also difficult, because a website that aggregates information only needs to spend a little money to read and ” collage”, then this information will no longer be “poisonous”. Because of these reasons, it is understandable that the trend of charging readers to read e-newspapers in Vietnam is prone to failure right from the start. Collecting money from online readers in Vietnam is very difficult nowadays, but if they want to change the revenue structure, press agencies have to start working. The most important thing is to protect copyright, not to let a good article be cut and pasted by dozens of other websites on your site comfortably. The locking of articles and invitations to buy online newspapers need to be carried out simultaneously in many newspapers to create a positive effect. In 2019, Vietnam’s online advertising revenue was estimated at 648 million USD, of which Facebook accounted for 275 million USD, Google 174.9 million USD, domestic units accounted for only 180.9 million USD.

According to the White Paper, the international organization for telecommunications technology 3GPP is expected to begin research and development of international technical standards for 6G networks around 2025 before commercialization is expected around 2030. China has granted a license for commercial use of 5G networks and started researching and developing 6G technology from 2019. 6th generation (6G) mobile communication technology will be commercialized globally by 2030 Meanwhile, according to experts, 5G technology is designed to increase the speed and responsiveness of wireless networks. 5G was born to succeed 4G, resulting in faster download speeds, smoother data streaming and more. 5G is not only about speed but it also opens up completely new applications and causes a huge revolution in the following years. The arrival of 5G network promises to bring a lot of utilities and wide applications in the future. 5G could be the key to making self-driving cars more ubiquitous. For them to function at their best, they need to be able to quickly send and receive data to and from other cars, navigation systems and more. These require a fast network speed, low latency, lots of bandwidth and high reliability. One thing where the speed and bandwidth of 5G can really help is the Internet of Things (IoT). With everything from smart air conditioners to smart lights popping up in your home, 5G provides the capabilities you need to connect everything easily. According to the Ministry of Communications and Internal Affairs of Japan, the committee on 6G super-fast communication network will discuss technology developments, as well as methods and policies for exploiting this next-generation wireless network, projecting It is expected to launch around 2030. Japan has lagged behind the US and South Korea in launching commercial 5G services. As many other countries have begun to talk about how to exploit 6G technology, Japan aims to map out the above strategy and take the lead in standardization efforts. Japan’s 6G Committee, expected to include representatives from the private sector as well as research experts from universities, will listen to input from a variety of industries to study potential challenges. Thanh Van See more : After ITelecom, Vietnam is about to have a virtual mobile network

Bitcoin suddenly surged in the past 24 hours. According to Coinmarketcap, the amount of Bitcoin traded in the last 24 hours is about 35.9 billion USD, the market capitalization recorded at 697.4 billion USD. Many large-cap cryptocurrencies skyrocketed with Bitcoin. Specifically, Ethereum is up 3.6% to $2,608, Binance Coin is up 6.8%, Cardano is up 3%, Ripple is up 2.6%, Uniswap is up 7.3%, Bitcoin Cash is up 6.1%, Litecoin is up 2.6% 6.8%, Chainlink up 5.6%… The strong momentum of Bitcoin and leading cryptocurrencies caused the total capitalization to increase by 6.5% to more than $1,630 billion. According to many professional traders, the driving force behind the growth of Bitcoin comes from the fact that El Salvador – the first country to consider Bitcoin digital currency as legal. Channel France24 quoted El Salvador President Nayib Bukele’s statement on Twitter, saying that the Bitcoin Law has just been approved with a majority vote. The bill proposed by Mr Bukele to parliament last weekend was approved by 62 out of 84 MPs. “It’s a historical mark,” Nayib Bukele shared on Twitter. Before the vote, Mr. Bukele affirmed that the adoption of digital currency will bring finance, investment, tourism, innovation and comprehensive economic development to this Central American country. According to him, Bitcoin is the fastest way to transfer billions of dollars of remittances to El Salvador without losing millions of dollars to intermediaries. Remittances from El Salvadorans working abroad make up a major part of the country’s economy, equivalent to about 22% of gross domestic product. According to official reports, in 2020, the amount of remittances to this country will reach 5.9 billion USD. “This is the law that will make El Salvador a place of international interest. We will be more attractive to foreign investment.” Romeo Auerbach, Vice President of the National Union of Solidarity Party in El Salvador, said. Bitcoin is a highly volatile virtual currency. After reaching an all-time high at 64,800 USD on April 14, this virtual currency has plummeted without brakes. The reason comes from Elon Musk’s announcement that Tesla will stop accepting Bitcoin because of controversial carbon emissions issues and China’s tightening ban on cryptocurrency trading and banning Bitcoin mining rigs. Many countries have also recently introduced new regulations to control activities related to cryptocurrencies.

Kim Tin Group and FPT Corporation officially signed the contract and launched the comprehensive Digital Transformation project. Photo: Housing The cooperation project between Kim Tin Group and FPT Corporation is considered one of the largest and most comprehensive digital transformation projects among non-state enterprises in Vietnam today. The goal of the project is that Kim Tin Group’s apparatus operates uniformly and optimizes supply chain management throughout the system, intelligent production management, transparent and effective financial management, and process digitization. working to increase labor productivity and support the operating system to make quick and timely decisions on a centralized data platform. Mr. Nguyen Tien Hai – Chairman of Kim Tin Group, shared: “Over the past 21 years, the group has been one of the enterprises that have applied the ERP management system since 2008. However, up to now, The old software cannot meet the needs of use and rapid development of the whole system, so we decided to invest in the SAP system to serve the current and future development needs.” Kim Tin Group determines that digital transformation and technology application in all management, production and business activities will be the foundation for creating synergistic strength for the group; At the same time, it is expected that this investment, with the companion of FPT Corporation, will quickly bring Kim Tin into successful operation of SAP S/4HANA, S&OP and MES intelligent production management, digitizing methods operating method, increasing customer experience, thereby making Kim Tin a market leader and serving society”.

Illustration The case involved a YouTuber who had a confrontation with the sheriff’s deputy in Pierce County. After the incident, he filed a Public Records Act request for names, dates of birth, photos, and other information to all deputies and subsequent employees. Often, many of these records are not made public to protect law enforcement from harassment, retaliation, and potential identity theft. However, there is still an exception. Members as “news media,” as defined in state law, may receive records. Although based on media interests, the press is generally opposed to making employees’ birthdays private to anyone. But lawmakers have given the press privileged access, because they believe professional journalists can be trusted to use personal information responsibly. The press becomes the backbone of the public. Illustration For example, a news organization may need a date of birth and a photo to check an official’s past employment in connection with a certain scandal or to verify that a law enforcement officer is acting illegally. . In this, the YouTuber claims he is an “investigative journalist” who is considered a member of the news media based on his YouTube channel called “Libertys Champion”. The relevant authorities disagreed, and the case was referred to the Supreme Court. There, the majority was against him becoming a member of the news media. The court’s analysis focused mainly on the fact that he worked alone, not as a member of a newsroom. The nature of news and journalism is evolving rapidly. There are famous people who have added the label “Press – Press” when attending and participating in protests. People use Twitter to announce what’s happening at local government hearings. Others run reporting websites on focused topics, such as the helpful Seattle Insight City Council. Illustration The Legislature has tried to draw a line when it comes to being repeatedly blurred between YouTubers performing personally or Tweeters howling at perceived injustice. Back then, traditional newspapers and television news organizations had been the mainstay of a vibrant, free local press for decades. However, clarifying this distinction has always been difficult. Most people would trust a trained plumber to fix a leaky pipe that flooded their basement, rather than someone who just had a wrench and said he knew the pipes. Wrench doesn’t make a plumber, and Social Media doesn’t make a journalist. Members of the press are trained and adhere to journalistic ethics and standards. The YouTuber in this case will have a hard time convincing any unfriendly reader that he’s a real journalist. But besides that, there are also a lot of serious journalists today who don’t work for any newsroom.

In a recent statement, Spanish Health Minister Carolina Darias affirmed that “Spain is a safe destination” and hopes that the country’s tourism industry will soon restore its position; In the context of favorable progress of vaccination, life here gradually returns to normal. Tourists arrive in Spain on June 7, at the airport in the city of Malaga. Source: Reuters At airports and ports, the Spanish government has two different checkpoints, for visitors from high-risk and low-risk countries, respectively. If coming from a high-risk area, travelers must have a vaccination certificate, a negative test result or proof that they have recovered from Covid-19. Children under the age of six are exempt from these procedures. Visitors from low-risk areas are not required to provide the above documents; they will be controlled through a QR code, after declaring it on the Spanish Travel Health (SpTH) digital platform. This platform facilitates quick and convenient entry for visitors. Arriving in Spain on June 7, Ms. Carla Grahuer (Israel) said: “The procedures and forms are filled out online so it is very quick. If you fill out all the information, you have had your vaccination and PCR test done. There won’t be any problems.” On the first day of opening, activity at Adolfo Suarez Madrid-Barajas Airport in Madrid remained low compared to the busy tourist flow before the Covid-19 crisis. Before the pandemic, Spain was the second largest host of international visitors in the world. In 2020, international tourism in Spain has dropped by 80%, leaving beaches, fortresses and hotels almost deserted.

VssID application can replace health insurance cards, social insurance books Vietnam Social Insurance has actively brought utilities, payment information, benefits to social insurance and health insurance (HI), towards integration, provision of public services, online payment services. application on mobile devices. This is a step in line with the current trend of digital transformation, building a digital government and a digital nation. It is known that Vietnam Social Insurance is an agency for 4 consecutive years, from 2017 to 2020, holding the 2nd position in the application of Information Technology (IT) in Government agencies (According to the ICT Index compiled by the Ministry of Finance). Ministry of Information and Communications annual assessment report). The deployment of VssID – Digital Social Insurance application on the smartphone system is considered one of the key tasks to bring more convenience to people and businesses when they register to use it. VssID application was developed rapidly and has been widely promoted for everyone to install on smartphones. From June 1, 2021, health insurance participants can use photos on VssID for medical examination and treatment. Mr. HHH, an IT expert of a securities company, was one of those who installed the VssID application. “During this transition period, I find it acceptable, the best thing is that my health insurance card is damaged and I don’t have to apply for a new one. I updated the 2 kids in less than 10 minutes to activate. But not everyone has such an easy experience. Mr. D.TT (Hanoi) shared: “Because the application allows to register a phone number without OTP authentication, when I registered, it turned out that my phone number was registered by a person in Ha Tinh. Had to call a few times there to change it back, it took a few days. The call center has run out of words. Called dozens of times, no one picked up the phone. And Ms. D.T (HCMC) said: “It took me nearly a dozen times to register, fortunately I didn’t have to call the switchboard.” “In response to the social insurance campaign, I installed VssID last month. In general, the interface of the VssID app is also quite normal, if not bad,” commented Anh VHA (Hanoi). “I just tried to check on June 1, I found it incredibly boring, far behind the online sales apps. But more importantly, when viewing information, it is extremely slow due to having to download data” – Ms. NTTH (HCMC) shared a screenshot showing that it takes 3 to 5 minutes to log in to the system. But according to those who have tried installing the app, the worst experience is in the customer support. Call center 1900.9068 called dozens of times, no one picked up the phone, emailed no response, and the chatbot was ineffective. Customers when using a product or service that have problems, they will be very disappointed and angry when there is no support. While social insurance provides 3 support channels, none of them work effectively. This is an issue to be aware of in the provision of public services. When looking up information about the insurance premium period, some people find that the application does not fully show their insurance period. “Last month, when I looked up my social insurance payment information, I only looked up the latest 3 months’ social insurance payment information. This month, the VssID app is updated, the information is more complete, showing 19 years of premium payment, but still missing my 4-year period. It can be said that the database of social insurance is problematic, not really synchronized. The IT infrastructure of Vietnam Social Security seems to be still not commensurate with the tasks and responsibilities,” said one user. In addition, the problem that many people wonder about is the possibility of personal data leakage. Mr. MT, an IT expert of IBM commented: “VssID is very convenient to have the name and year of birth to find out the social insurance number and some other information. But if not clever, hackers can steal the entire database.” As a Digital Transformation expert and monitoring the “Vietnam ICT Index Readiness for Application and Development” (Vietnam ICT Index), I realize that besides the commendable efforts, digital transformation of Social Security There are still many problems to fix. In the effort to build e-Government in ministries and branches, one of the important goals is to bring 100% of public services to the online environment, to smart mobile devices. I think, ministries and sectors should pay attention to service quality instead of following 100% quantity. Hopefully, Social Security will quickly overcome the disadvantages of the VssID application as well as carefully review its industry’s Digital Transformation plan to better serve the legitimate needs of the insured.

Ho Chi Minh City is the first locality in the country to announce the Digital Transformation Program under Decision No. 2393/QD-UBND; followed by the Implementation Plan of the Program “Digital Transformation of Ho Chi Minh City in 2021” issued by the City People’s Committee in early March 2021. In order to carry out the tasks to achieve the set goals, HCMC needs many tools to implement. In particular, leaders of Ho Chi Minh City said that they will prioritize the establishment of professional center models to promote digital transformation in key areas of the City. The first phase will establish DXCenter in the downtown area to focus on promoting digital transformation activities in the locality, acting as a bridge between different components of the digital economy, creating resonance brings the highest efficiency to digital transformation. 1 of the 5 basic functions of DXCenter are promote innovation startup ecosystem, support individuals and businesses to research and develop digital technology products (Artwork: Executive production at AA factory). DXCenter will have 5 basic functions. Firstly, promote activities to connect supply and demand, transfer technology, test digital technology products, act as an intermediary linking components of the digital economy. Secondly, implementing activities to renew thinking and awareness about digital transformation through events, training programs, coaching, communication programs on digital transformation. Third, promote the innovation startup ecosystem, support individuals and businesses to research and develop digital technology products. Fourth, implementing international cooperation programs on digital transformation, promoting cooperation with prestigious partners in the world; seek funding sources for Vietnam’s digital transformation projects. Fifth, evaluate and appraise the quality and effectiveness of technology products; supporting research, development, improvement and upgrading of technology products and solutions. In the near future, DXCenter’s leadership will quickly implement specific activities, focusing on working directly with a team of in-depth consultants in key digital economy fields. Along with that, connecting with the leading technology business community, especially with information technology associations; media agencies to develop communication topics to raise awareness about digital transformation to individuals and businesses of Ho Chi Minh City; deploying communication activities, events, training, consulting programs to connect supply and demand. At the same time, DXCenter will be built into a “common house” on digital transformation, including thematic spaces on digital economy, digital infrastructure, digital government, digital society; space to display and introduce digital technology products and solutions. Data about these products and solutions will also be digitized on the DX-eHub platform, integrated with evaluation and testing functions, etc. to help customers easily find suitable products.

In addition to the two companies above, tech giants including Amazon, Facebook and Apple will also be subject to a tax called “Google tax”. Accordingly, large technology companies will have to pay a certain amount of corporate tax, although there is no specific number for this tax. “The government will have grounds to tax them if a deal is reached. At the moment, everything is still incomplete,” an official from the Korean Ministry of Finance said on June 1. The move is part of a global wave to tax lucrative businesses based on the country that generates their revenue, not the country where they are headquartered. Many tech heavyweights around the world have long tended to set up headquarters in countries with low tax rates in order to reduce or avoid paying taxes. Meanwhile, the profits they earn come from all over the world through online business activities that are not limited to a specific country. The OECD’s plan is said to detail ways to modify the tax regimes of member countries, in light of the rapid transformation of digital business. It also seeks to address the problem of tax base erosion and profit shifting (BEPS), combating strategies that exploit loopholes or inconsistencies in tax rules to shift profits to areas where they are not. collect or have a low tax rate. Another point of contention in the plan this time around is the push to amend the law on a permanent establishment, or a fixed place of business that generates income and a value-added tax liability in a jurisdiction. Specifically. This also includes establishing a global minimum corporate tax rate. According to the Financial Supervisory Service’s electronic disclosure system, Google Korea said that on April 14, it recorded a revenue of 220.1 billion won (equivalent to 198 million USD), up about 3.6% from a year earlier. Google’s operating profit was 15.5 billion won, up 53.4% ​​year-on-year. Net profit for the same period was 6.2 billion won, up 741.2 percent. These numbers stand in sharp contrast to tech companies in Korea such as Naver and Kakao. According to the report, the annual sales of these two companies are 5.3 trillion won and 4.1 trillion won respectively. The staggering difference is the result of Google Play Store revenue being recognized as revenue by Google Asia Pacific, which is headquartered in Singapore, not Google Korea. Industry observers also estimate Google Korea’s domestic sales to be between 5 trillion won and 6 trillion won. According to the Mobile Internet Business Association, in the group of IT and telecommunications businesses, Google Play’s sales in 2019 in the country are estimated at about 5.7 trillion won. Just as fast as Google is Facebook Korea. According to FSS data, the business recorded sales of 44.2 billion won and operating profit of 11.7 billion won last year. Facebook’s sales in South Korea grew 10.3% from 40.1 billion won in 2019, and business profits are reported to have increased six-fold year-on-year. The company’s net profit also reached 6.3 billion won, up 33 times from 190 million won in 2019, thanks to a surge in advertising revenue from Instagram. Chang Pang Hyo, head of the IT Committee at the Citizens Coalition for Economic Justice, said the US tech giants actually exist in the virtual world, and their activities cannot be determined if based only on the tax code in the branch location “Calls are growing to amend the laws to come up with a clear statement that companies are taxed where their customers use their services, not where they are located. headquarters,” he said. Thuong Hai According to Korea Times

In the last few years, streaming content over the internet (streaming) has been the predominant form of communication with music and other audio content, from podcasts to streaming services. Stream high quality music. Besides, there are still some people who store their entire music library on online data drives, USB sticks or other digital playback devices. Digital is the most convenient way to transmit music. Of course, there are still quite a few users who choose to keep the large collection of CDs or other discs that they have devoted all their time and energy to owning for many years. Whatever the situation, Mark Levinson No.5101 is the best solution. It’s a high-quality streamer, SACD player and standalone DAC, designed to deliver the best quality, unleashing the full potential of your recordings. Digital recording technology in the past few decades has made great strides and improved significantly with very wide bandwidth. The extended dynamic range allows users to hear and feel the sound as if they were in the studio or in concert. Especially with products such as the SACD No.5101 player, which is capable of recreating all the original sound forms, listeners can fully enjoy the most authentic and natural melodies. The Mark Levinson No.5101 has multiple ways of connecting to a digital input that allows users to stream or retrieve music data from a storage hard drive or USB. The digital circuit used on the No.5101 features Precision Link II processing technology that engineers developed for the 5000 series. The Precision Link II DAC can receive both native PCM and DSD signals, so the conversion of these signals takes place precisely. Less “bits” but more frequency bands make the listener feel more analog. Mark Levinson engineers pay particular attention to details of electronic design such as circuitry and component performance. The front of the SACD No.5101 player does not have any buttons, so the height of the device is reduced, helping to increase the aesthetics of the product. To make the design more sharp and outstanding is not simple, the engineers have overlapped the glass layer with the red light display screen behind, along with the buttons made of high-grade aluminum material. and refined SACD action. These components are neatly and simply arranged, giving the device a more beautiful and luxurious front. The Mark Levinson No.5101 SACD player offers users various digital filter options, suitable for both DSD and PCM playback. Each of these filters makes a very small difference in the performance of the music, so depending on the needs and preferences of the user, the user can choose the appropriate filter. The music streaming application allows users to choose one of the popular streaming systems to play on model No.5101. It is the efforts in the development and application of complex engineering technologies to create high-performance products with ultimate flexibility, SACD Mark Levinson No.5101 has brought home the CES award and the iF Award about exquisite luxury design for its talented group of engineers. With cutting-edge technology, impeccable Mark Levinson sound quality, and award-winning design, the SACD 5101 is worthy of being a staple in Mark Levinson’s 5000 Series. Reference price: 135 million VND Mark Levinson brand is officially distributed by:

On May 15, NFT officially opened for sale a unique product inspired by the image of Hermès handbags and transformed into 3D footage. The product for sale this time is “Baby Birkin”, created by two artists Mason Rothschild and Eric Ramirez. Image of handbag “Baby Birkin”. Photo: Highsnobiety. The two created a 3D video of a transparent Birkin handbag containing a 40-week fetus and placed in the dark space of the Milky Way with an image size of 2000 x 2000. The virtual product is officially auctioned with starting at $2,000. According to NFT’s share, “Baby Birkin” is a unique digital item, allowing users to experience the feeling of touching a birkin bag in a dark space with the sound of being lost in space. In addition, this product also implicitly implies that Hermès deliberately created a scarcity to increase the shopping demand of customers and push the value of this bag line up. However, many people think that selling virtual handbags for $ 2,000 is unrealistic, because no one spends a lot of money just to own a fake item. Birkin handbags are always a fashion item that many people are looking for. Photo: ELLE. Before that, many brands also used virtual reality technology to bring fashion experiences to users. In August 2020, Gentle Monster showcased the creativity of the design team through a collection called “Redefinition of Eyewear”. The project of the Korean brand aims to be based on a digital platform to create close access between the public and the product. They create glasses in the traditional way, and then through a phone application turn them into an accessory on the user’s face. This gives shoppers a chance to experience the product before deciding to go to the store. Gentle Monster’s leading collection in the application of virtual reality technology is not intended for sale, but only to attract attention to the online community. One of the artists participating in the campaign – Daisy Collingrid – created glasses with a structure similar to human skin after being layered, revealing the facial epidermis called CLEM. Eyewear products combined with virtual reality technology. Photo: Hype Beast.

An employee scans and checks products in a Tiki warehouse in Ho Chi Minh City. (Photo: Bloomberg) Crossing the crowded streets of Ho Chi Minh City in a Honda, Ho Duc Quang carries toys, books and other packages to deliver to Tiki.vn customers. Quang, 25, needs to be quick, as Tiki promises to deliver in 2 hours. He uses AirPods to notify customers of his arrival, but there is one thing that slows down this shipper: Quang has to wait for customers to open the package, confirm the correct goods before departing for the next trip. It is a mandatory operation for those who do not trust online sellers. Quang’s speedy deliveries between the city of 9 million people are just part of a campaign to win over customers, many of whom shop online for the first time due to the pandemic. Winning isn’t easy where only about a third of adults have a bank account and less than 5% have a credit card. Most shopping at convenience stores, traditional markets. Although Euromonitor International estimates that e-commerce will only account for 3% of Vietnam’s retail market in 2020, the lowest in Southeast Asia, the potential of the market is extremely attractive. According to a report by Google, Temasek, Bain & Co, Vietnam’s digital economy is predicted to reach US$52 billion by 2025, an increase of 29% compared to 2020. Competition for customers Startups backed by Warburg Pincus, Goldman Sachs, JD.com or Shopee, Amazon are all targeting the Vietnamese middle class. From 2016 to the first half of 2020, investors poured $1.9 billion into the domestic online sector. Mr. Ralf Matthaes, Managing Director of Infocus Mekong Research, assessed that Vietnam is in the early stages of becoming a digital society with a young and technology-loving population. Therefore, these companies have to compete with each other to provide services. The government has set a target of online shopping to account for 10% of Vietnam’s retail sales by 2025. The regulator wants to reduce cash payments to create a more transparent, modern economy through increased non-payment of transactions. cash for public services and improve the regulatory framework for electronic payments. The consortium led by Alibaba and Baring Private Equity Asia will invest $400 million in exchange for a 5.5% stake in CrownX of Masan retail group. Under the agreement, Masan will cooperate with Lazada – Alibaba’s e-commerce platform in Southeast Asia. Kenny Ho, Southeast Asia Investment Director of Alibaba, affirmed that the combination of Alibaba’s online retail expertise, Lazada’s Vietnam platform, and Masan’s offline network will be a powerful catalyst for the company’s success. modernization of Vietnam’s retail market. In January, M-Service, the startup behind the Momo e-wallet, raised more than $100 million from an investment group, including Warburg Pincus. For the first time in their shopping life, Vietnamese people are “encircled” by the form of customer-first retailing that is common in developed economies. Trust of customers Online retailers are trying to woo shoppers wary of scam stores that don’t offer return policies. According to economist Nguyen Tri Hieu, “Vietnamese people don’t trust what they can’t see. Usually, they need to know what they’re buying. They have to smell it and touch it.” So e-commerce sites raced to launch marketing campaigns, offering discounts on everything from AirPods to Samsung washing machines. E-wallet startup that offers coupons. Tiki applies a refund policy of up to 30 days. Nguyen Thi Kim Chi, 31, who works for an entertainment website, said that 70% off and customer-oriented items attract her. Buyers are empowered to evaluate products and services online. If normal, they often have to go to the store complaining about the low quality of the product and there may be quarrels but nothing is corrected. According to Mr. Matthase, the epidemic will boost digital retail as 30% more Vietnamese will shop for everything from food to electronics online in 2020. Retail shifting According to Jeffrey Perlman, managing director of Warburg Pincus in Singapore, Vietnam’s retail market changes faster than other markets. Tiki is currently the largest domestic e-commerce platform in the country. Software engineer Tran Ngoc Thai Son built Tiki in 2010 from $5,000. Mr. Son writes code, buys 100 English books from Amazon, and delivers it by himself by motorbike. Currently, Tiki has 3,100 employees and a state-of-the-art logistics operations system overseen by Henry Low, former head of Amazon and Coupang. Along with the company’s growth is the effort to attract customers. Mr. Son deployed a system to filter counterfeit goods and sided with customers. For example, if there is a defect in a newly purchased phone, the customer wants to return it, they will support 100%. If the seller is not okay with this decision, Tiki will shut down their account. From diapers to beer According to Crunchbase, investors like Sumitomo, JD.com have invested $192.5 million in Tiki. Mr. Son anticipates more rounds of funding and prepares for an IPO. According to Mr. Low, Tiki handles less than 2 million orders per month. Employees busy arranging everything from diapers and diapers to Corona beer in the 10,000-square-foot fulfillment center. Tiki applies artificial intelligence and robots capable of transporting 800kg products to speed things up. Thanks to the logistics system, Mr. Son aims to transport 500,000 products in 2 hours, up from 200,000 currently, helping Tiki achieve its profit target. Du Lam (According to Bloomberg)

“Red envelopes”, referring to the traditional cash prize distribution, will be distributed to 200,000 winners and they will have to download an app to use the prize for purchases at designated locations. in the city. Those who want to buy lottery tickets can register from 6/6. The winner will be announced a few days later and will have to spend the prize money by June 20. China is a promising player in the global race for central bank digital currencies (CBDCs) and has conducted trials in several major cities such as Shenzhen and Shanghai. The trial in Shenzhen in January awarded a reward of 20 million yuan. The People’s Bank of China (PboC) aims to be the first major central bank to issue an eCNY, part of an effort to internationalize the yuan and reduce its dependence on the global banking system without USD prevails. eCNY may also weaken Ant Group’s Alipay and Tencent’s WeChat Pay in payment systems.

At the Hai Phong remote control center, the basic features of the SCADA/DMS central software system have been fully exploited such as: managing the grid information model including managing all the main data of the network. control center, edit or create new single-strand diagram structure of TBA, color grid, edit graphics, batch data import, declare and map signals of equipment at TBA and devices on the distribution grid (Recloser/LBS/FI), set up audio and event alarms, simulate the status of equipment on the grid, store, analyze and exploit historical data on the system. In addition, Hai Phong remote control center is gradually deploying and building a smart grid subsystem (DMS) with grid computing applications such as: load reporting, distribution estimation, capacity flow calculation, fault locating and isolation, etc. Operations Engineer at Remote Control Center The conversion of manned 110kV substations into 110kV unmanned substations helps to promote the application of digital technology, innovate and improve the management and operation process of the power system. As of May 27, 2021, the Company has 07/24 110kV substations operating with unmanned criteria, 09/24 110kV substations operating in remote operation mode with on-site supervision. 70/90 devices (Recloser/LBS) on medium voltage grid are connected and controlled remotely from Hai Phong Remote Control Center. With 99% success rate of remote manipulation ( As planned in 2021 put 110kV and . substations control devices Recloser/LBS rest perform remote control) contributed to improving labor productivity, reducing system operating costs, improving reliability of power supply and ensuring safe grid operation. In early 2021, Hai Phong PC applied digital technology to develop software for automatic ground fault handling. The software is currently being put into trial operation. Automatic ground fault handling software is highly applicable, helping to automate the current ground fault handling process, reducing the time to find fault points, and minimizing the number of customers. affected by incidents, thereby reducing power supply reliability indicators SAIDI, SAIFI, MAIFI, improving power quality, avoiding confusion that may occur due to subjective factors of users caused by operation. Automating the troubleshooting process enhances worker productivity by reducing the dependence of the troubleshooting process on the operator. The software is a premise for the development and expansion of advanced applications in the process of modernizing the distribution grid towards operating the smart grid in Hai Phong city. With efforts and determination to realize the goal of digital transformation, Hai Phong PC in particular and the Power industry in general are gradually implementing innovation, creativity, digital technology integration and production management model. business, technical management, making an important contribution to the digital transformation roadmap of the Electricity industry in order to improve the quality of customer service, to meet the needs of socio-economic development of Hai Phong city.

This is one of the technology products under the project “Modernizing Vietnam Post’s information technology system” of Vietnam Post.The CAS multi-service transaction system is built on the basis of Riposte solution. of the Escher group, has been successfully applied in 35 countries with a developed postal background. CAS Multi-Service Transaction System is designed specifically for the field of automation, retail customer transactions with 3 technology applications in digital transformation, including: CAS-Counter (at multi-service counters), CAS-Mobile (on mobile devices) and CAS-Kiosk (on vending machines). The CAS-Counter system, after connecting with supporting peripheral devices such as barcode readers, QR code scanners, electronic scales… enables the provision of postal services, postal finance, retail distribution and public administration for customers on a single transaction software, at all post offices and service points of Vietnam Post. Thereby, tellers and service staff only need to perform simple and quick operations on a modern and complete interface, meeting all the needs of customers when receiving services. According to a representative of Vietnam Post, through CAS-Counter, a Vietnam Post teller can simultaneously provide nearly 100 domestic and international postal services, more than 60 collection and payment services, and financial services. administration, public administration and over 5,000 retail goods and products on the same interface and the same software. Not only bringing convenience to postal workers, CAS-Counter also brings convenience to customers when they can use many services at the same time at a single counter when going to the post office. In addition, the operations on the publication will be eliminated, the error of sender and recipient information is minimized; Transaction methods through the electronic system such as using barcodes and QR Codes are applied in conducting transactions on modern application platforms. Maximize support for tellers, increase customer experience In order to create accuracy right from the receiving stage, Vietnam Post synchronizes the CAS-Counter into high-tech platforms such as automatic sorting and picking line systems at mining centers, regional hubs, My VietnamPost app, Dingdong broadcasting software on Smartphone for postmen, PacknSend communication system… All of the above application and software systems have helped businesses shorten the time for the whole postal process to be 1 day for near-regional areas, 2 days and up to 4 days for inter-regional and regional postal services. guaranteed product. For retail services, the system allows quick, convenient, simple and accurate transactions with customers when the product codes are entered directly from the supplier, this ensures transparency. information with the customer, after the transaction, the customer can accurately compare the item code, price and total amount to be paid. When Vietnam Post is licensed by the State Bank of Vietnam as a payment intermediary, CAS-Counter will closely connect with the PostPay electronic payment platform for customers’ collection and payment transactions. From there, CAS-Counter optimizes and corrects every detail when customers use the service, as well as conduct financial and banking transactions through a network of 13,000 service points of the post office. Mr. Nguyen Quoc Vinh – Member of Vietnam Post Board of Directors said: “The CAS-Counter application system has helped CAS-Counter standardize transaction processes in all services being provided throughout the system to customers. customers, turning postal service points into smart service points, and easily defining and adding new services. Here, new service forms on the CAS-Counter ecosystem will be completed, namely CAS-Mobile and CAS- Kios. Automated transactions 24/7 will be quickly introduced and deployed widely, mobile transactions will be deployed throughout the network, with 72 thousand employees becoming 72 thousand local mobile service points. Only customers are the not-so-distant future of Vietnam Post.” Ms. Thanh Tam, teller at Thang Long Post Office, City Post Office. Hanoi shared: “Thang Long Post Office started using the CAS-Counter application from 2020. This is an application with a friendly, modern and easy-to-use interface. Any teller can operate, operate and provide services quickly. The fast and simple way of doing this helps the trader not to have to memorize a lot of information. Customers can check the information sent, received, account number, contract, freight, deposit… right at the screen system located on the counter. The service quality of the service points has been improved, bringing about customer satisfaction”.